How long does it take for credit card latenesses to fall off one's credit report?

I've heard that "baddies" stay on a credit report for 7yrs from the date of first delinquency.




How long does it take for credit card latenesses to fall off one's credit report?
"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."





I've found some helpful info here too:





http://buildcredit.ifastnet.com





Hope that helps.



Reply:They fall off after seven years, except in the case of bankruptcy which stays on your report for ten years.





If you want them off your credit report sooner, then you must take action to repair your credit. Debt validation is the primary tool for that. You can get a free credit report that details using debt validation at the site below.
Reply:You can also write a Goodwill letter to the credit card company, and explain the reason for late payments, some will remove them, you just have to try and see what happens. Go to creditboards.com and get examples of GW letters and shoot them off.
Reply:Yes, it takes 7 years for the bad record to be eliminated provided that you don't create anew.
Reply:I know of people who still have them on their reports over 10 years later. I am not sure if they ever go away if you do pay them off or file bankruptcy.