How Long Will Negative Information Stay On My Credit Report?

NEGATIVE INFORMATION AND HOW LONG IT STAYS ON MY CREDIT REPORT:

Late payments,charge-offs, judgments, short sale, foreclosure – Up to 7 years

Chapter 13 bankruptcy – Up to 7 years from filing date

Chapter 7 bankruptcy – Up to 10 years from filing date

Tax Liens – Until lien is paid in full, plus 7 years (may remain indefinitely)

Inquiries- Hard credit inquiries can only affect your FICO score for a maximum of 12 months. Usually, if they have an impact, it will be primarily in the first 6 months. They will drop off your credit report after 2 years.

If you have any questions about credit or credit reports message or email me at michael@risingpointsolutions.com. Better yet, you can contact me directly at 727-835-8416.