Free Credit Report ! Credit Report question...?

Free Credit Report ! Credit Report question...?

I have heard that things fall off your credit report in 7 years...does this include "good standing" credit? Also, does it fall off automatically or do you have to remind the credit reporting agencies?

Does the bad standing credit fall off from the date that it was "resolved" (paid) or the original date that it was put on your credit report?

The Answer : nyxcat19 is wrong. I find it so funny when people come on claiming to be professionals, and screw up the answer so bad.Negative items stay on your report for 7 years, beginning from the date of the delinqency. PERIOD. They are supposed to drop off automatically. Note, however, that many collection agencies lie about the date, and post a later date in order to keep the item on your report. This is illegal.Charge offs, payments, reporting dates, none of that stuff has anything to do with it. See the source below, as this gives the actual law from the FCRA.Good reports usually stay on for 10 years. If they account is open you certainly don't want that information deleted! It helps your score.