Re: 7yr. clock
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Posted by dave
on October 18, 2000 at 02:07:06:
In Reply to: 7yr. clock posted by Bea on October 18, 2000 at 02:06:22:
Count seven years from the date of each late payment and the record of that payment should fall off. : 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?
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