Evaluating your credit report
There are basically 10 things which look bad on your credit report:
-
Credit inquiries
-
Credit rejections
-
Late payments
-
Past due and unpaid payments
-
Court Judgments
-
Collections
-
Loan defaults
-
Repossession
-
Foreclosure
-
Bankruptcies (BKs).
The credit bureaus keep your personal credit history for a period of approximately 10 years.
. Closed or Inactive Accounts - 10 years from the date of last activity.
. Derogatory Accounts - 7 years from the date of original delinquency.
. Public Records - 7 years from the date of payment or indefinitely if the Public Record is an unpaid tax lien.
. Chapter 7 Bankruptcies - 10 years from date filed.
Visit the archives:
Free Credit Repair Guides
<<< Back
|
