7yr. clock

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Posted by Bea on October 18, 2000 at 02:06:22:

I know that you have probably answered this question
several times but, I have a situation where my late
payments were reported on a revolving account that is
still active. The most recent late payment recorded on
this account was in 1997. Since this is a revolving
account when does the seven yr. clock start ticking?
Will this information ever be updated on my credit
report if no other delinquencies occur or is this
information reported for the life of the account?