How long can a bank keep a delinquency on a credit report?

In personal finance of CreditGuy (January 24, 2024 9:01 pm)

Bob M asked:


Back in 1997, I ran into some financial trouble and took out a loan for the balance on a mobile home I once owned. I defaulted on the loan that year, but it is still on my credit report. I wrote letters to the bank and to the credit reporting agencies, and this is still on my credit report. This is the only bad credit/delinquency I’ve ever had. I would appreciate any suggestions.

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Comments (2)

2 Comments »

  1. If you have paid your debt then I think it was either 5 or 10 years. If you didn’t pay your debt then forever till it is done.

    Comment by sasil85 — January 25, 2024 @ 3:14 pm

  2. if that is the only problem you ever had it has no effect on your credit score, most creditors would just ask you for a letter explaining what happened if they even noticed it. generally creditors look at the last 3 years of payment history and then look at public records (bankruptcies ) for the last 10 years.

    I’ve had good info about it here:

    Hope that helps.

    Comment by Jim Q — January 25, 2024 @ 3:18 pm

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