how long does a debt last on credit scoring?
368027
7 years from the last time it was reported. Could stay on indefinitely.
338196
Your credit report should reflect a zero balance, but they remain on your credit report for 7 years.  The only way to get them off before then is to request the reporting company to remove them.....)(
519552
A bankruptcy legally can remain on your credit report for up to 10 years.  Ideally, you want a credit score of 720 or higher.
434783
You need to study the file very carefully.  It may say paid, but if it also says "Charge-off," "Repossession," "late notations", or "Collection", (just to name a few), it's still a negative item on your report, and will effect your credit score.\n\nItems on your report will stay for 7 years from the date of first default.  \n\nThe bad part is that once the creditor has your money, they generally won't give you the time of day.  That's why it's recommended you get an agreement that they remove any negative information, in writing, before you pay off the debt.  \n\nNow that you have lost all leverage to do that, all you can do is politely ask them to remove the listing.  Not likely im most cases I have counseled.
1154101
When a creditor 'writes off' or 'charges-off' a debt it is a big negative on your credit. A 'charge-off' is an accounting function where the creditor moves the non-percorming (not paying) account off of their books and they get a tax break for the bad debt. \n\nThe negative of the charge-off will sit on your credit reports for 7-1/2 years from the date of first delinquency that immediately precedes placement for collection and/or charge-off. \n\nYour scores are going to take a serious nose-dive.\n\n**edit*** \nNO DEBT can stay on your credit reports for 10 years !! That is just WRONG information.
1126338
Actually, it depends on your state. If you do a search for "statute of limitations by state", it will let you know what the limits are in your state. Many states have limits of only 4 or 5 years.\n\nRegardless, it will drop off of your credit report after 7 years from the date of last activity.\n\nKeep in mind that any legal information may need to be confirmed by a qualified attorney, of which I am not. Hope this helps.
41342
Maybe, it depends on what kind of debt it is.  There are a number of different time frames for items to be removed from your credit report.  Inquiries remain on your credit report for 2 years. Delinquencies, collection accounts, charge-off accounts, chapter seven bankruptcy, and paid tax liens remain on your credit report for 7 years. Chapter thirteen bankruptcy remains on your credit report for 10 years. Unpaid tax liens remain on your credit report for 15 years. This information came directly from the credit bureau.  If you feel the information on your credit report is too old to still be reported, you should file a dispute with the credit bureau directly.
675613
The car loan will show up on both your credit reports for seven years after the last payment is made. From a banking perspective, both of you are equally liable for the payments, so the best thing you can do is to pay on your loan consistently and on-time. Completing a major loan like this will go a long way to boosting your credit score. Contrary to the other poster's belief, paying it off early will not hurt your credit rating. Such things are common as people often refinance or roll loans into new loans during the loan period.
113813
No that is not much debt just try to make payment arrangements and pay monthly payments to ensure your credit is not ruined.  Bankruptcy stays on your credit for 7-10 years that is a long time
1079449
Chapter 7 Bankruptcy, which is total bankruptcy, stays on your credit report for 10 years. Chapter 13 Bankruptcy, more like a payment plan, stays on your credit report for seven years. Bankruptcy, however, is for life. Loan applications and many job applications ask if you have ever filed for bankruptcy. Ever. If you lie to get a loan because your bankruptcy is very old, technically you have committed criminal fraud.
310774
The debt will show the status as paid on your credit report, but it will stay on the report as a former delinquent account for 7 years.
500898
There is a statue of limitations on a debt. After the statue has expired, (usually 2 or 3 years after the last activity) they can not sue you to collect the debt. \n\nCredit reporting agencies can not report on accounts older than 7 years (10 if bankruptcy).\n\nThese times are based on the last activity on the account. For example, if you made the last payment on a credit card on Feb. 15, 1999 the bad debt must be removed from your credit file in Feb of 2006. If you make a payment now, the clock starts again. \n\nMost debt collection companies try to get you to make a payment, sometimes offering to "settle" for 1/2 or less, in order to restart the statue where you can be sued, and it will remain on your credit reports.\n\nWhile you may have a moral responsibility for the debt, there is no legal one!
3552
They dont.Even if you pay off the balance owed its still in the credit report for 7 yrs.The best thing to do is try to make arrangements with the creditors owed and set up a payment plan.This will reflect in your credit report helping to atleast raise your score back up.Becareful not to miss or forget to make a payment when you agree to make payments this will show that you are unable to commit to payment plans in the report.It will take up to 6 months reflecting your payment history to Equifax, and theres 2 more that i cant remember.
859021
If you're in deep debt (like over $25,000) you might want to consider it. I was over $28,000 in debt and I decided to file Chapter 13 (Repayment plan). It was the best move for me because I would have never paid off my credit card debt. True, Bankruptcy does stay on your credit report for at least 7 years, but it's worth ridding yourself of the aggrevation and stress of not having any extra money to save. I filed in 2001 and have finally got my credit back on track. Plus, my bankruptcy will be removed from my report in 2008. Contrary to what you've heard about it, there are still many places that extend credit to you even after a bankruptcy. If you're deep in debt, talk with a lawyer and get the facts.
225100
7 years. If you paid it in full. Just dispute it with all 3 credit companys and the reason for dispute is " paid in full ". You can do this online or over the phone.
990388
7 years from the date of last activity on the account. My advice to you is to not make any payments on it, you will just keep on resetting the clock. Even if you pay them off, it will still be there for 7 years from the time you paid it off.
34012
If you have a charge off, you have to pay the debt.  That's the only way to get rid of it.  You can wait 7 yrs til it falls off your credit report, but you still owe the money, collectors will continue to call you.  A charge-off is a term used to explain a debt that is over 180 days past due.  If you wait for it to fall of your credit report, you also run the risk of them filing a judgement against you (which is on your credit report for 10 years!), or suing you for the money before the 7 years.  LOL at all the people who think that your debt disappears after 7 years.  That's just the limit as to how long it can hurt your credit.  You will always owe the money.\n\nThe other people who have responded have responded in a way as if the debt wasn't a valid debt.  If this debt is rightfully yours, a letter of dispute or any of the suggested things are useless.