How long do negative items remain on your credit card report?

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Mortgage and Lending with FHA, VA, Jumbo, Downpayment Assistance, Conv. NMLS #276329

Negative marks on your credit report can make it difficult to qualify for new credit cards and loans. Generally, negative information remains on your credit report for seven years. However, it can be longer or shorter, depending on the information.

Up to 10 years

*bankruptcy

 

Up to 7 years

*charged-off accounts

*closed accounts

*collection accounts

* judgments

*late payments

*tax aliens

 

Up to 2 years

*inquiries from creditors or lenders


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Lisa Perry, Senior Loan Officer

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540-273-2733

NMLS ID #86548 / 276329

Email:  LPerry@fhmtg.com

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Comments (1)

Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks forsharing Lisa, great information!

Negative marks on your credit report can make it difficult to qualify for new credit cards and loans. Generally, negative information remains on your credit report for seven years. However, it can be longer or shorter, depending on the information.

Oct 06, 2021 06:33 AM