Re: 7 year limit
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Posted by Garry (216.169.140.2) on July 26, 2004 at 17:25:57:
In Reply to: 7 year limit posted by cadesaunt on July 26, 2004 at 17:13:13:
It is 7 yrs from the time of last activity reported on your credit report. In other words, if you stopped paying your credit card in July of 2000, the last activity would be July 2000. However, if you made a payment to a collection agency in December of 2003, then the item would fall off December 2010 instead of July 2007.
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