Comments on: How long does it take for credit card latenesses to fall off one’s credit report? http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report Take Back Your Financial Life Thu, 17 May 2012 21:57:58 +0000 http://wordpress.org/?v=2.5.1 By: YSIC http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-570 YSIC Tue, 03 Feb 2009 16:55:53 +0000 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-570 You are correct in thinking that all negative information stays on your report for 7 years. What is sort of unkown is that the lates on your report are only tracked for 24 months. In the spaces where you have the 30/60/90 categories, that's only taking into consideration the last two years. Month by month, they are replaced with new information (obviously). That's why they've been falling off. You are correct in thinking that all negative information stays on your report for 7 years.
What is sort of unkown is that the lates on your report are only tracked for 24 months. In the spaces where you have the 30/60/90 categories, that’s only taking into consideration the last two years. Month by month, they are replaced with new information (obviously). That’s why they’ve been falling off.

]]> By: Smoovy Loco http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-569 Smoovy Loco Tue, 03 Feb 2009 11:39:43 +0000 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-569 Spifiman's on the nose Spifiman’s on the nose

]]> By: lesliewilliams705 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-568 lesliewilliams705 Mon, 02 Feb 2009 01:55:42 +0000 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-568 That's strange! I guess you never know what to expect! I know for sure that collection accounts, etc. stay on your credit for seven years. As far as late payments, maybe that's up to the credit card company. I've had companies that didn't report late payments until they were at least 60 days behind, then the late payment stayed on there for at least a year. I've also had companies that placed the late payment on there after a week, and then it disapeared less than a year later. I'm not sure exactly what the guidelines are! Sorry I couldn't exactly answer your question! That’s strange! I guess you never know what to expect!
I know for sure that collection accounts, etc. stay on your credit for seven years. As far as late payments, maybe that’s up to the credit card company. I’ve had companies that didn’t report late payments until they were at least 60 days behind, then the late payment stayed on there for at least a year. I’ve also had companies that placed the late payment on there after a week, and then it disapeared less than a year later. I’m not sure exactly what the guidelines are! Sorry I couldn’t exactly answer your question!

]]> By: spifiman1 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-567 spifiman1 Sat, 31 Jan 2009 08:41:07 +0000 http://www.creditrepairprogram.net/credit/303-how-long-does-it-take-for-credit-card-latenesses-to-fall-off-ones-credit-report#comment-567 According to the 2007 Edition of the Consumer Action Handbook, these accounts should stay on your report for 7-years from the date of first delinquency. If you have had some drop off earlier that that, consider yourself lucky. According to the 2007 Edition of the Consumer Action Handbook, these accounts should stay on your report for 7-years from the date of first delinquency.

If you have had some drop off earlier that that, consider yourself lucky.

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