For the last 2 1/2 years i have been getting small loans out with a finance company to establish some credit. I have had 3 of them and I am working on paying my 4th one off. When i looked at my credit report the other 3 were reported as closed.it is listed under revolving accounts, but they all have $0 balances. how long do these stay on your report?
How long will it take to get off my credit report?
Accounts with "good" standing can stay on for 10 years, and "bad" accounts fall off after 7 years. I watch a lot of Suze Orman. God Bless!
Reply:7 years for debts other than bankruptcy which stays for 10 years.
You have to keep checking though. I applied for a mortgage and a lawsuit which had occured almost 20 years before it showed up. It also showed me as the defendant when I was
the president of a defendant corporation. It did not mention that we won the lawsuit.
I had to do a lot of explaining and letter writing.
Reply:Usually stuff falls off after 5-7 years
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