Pay on A Bill within 7 Years Dropped Off Your Credit !!!

If You Don`t Pay a Bill within 7 Years , Does That Get Automatically Get Dropped Off Your Credit ?!!!

I heard that from a friend. what if you do pay on the bill, does it still get dropped off your credit even if you are paying on it? I am no clear on that

The Answer : The time that a derogatory account can be reported on your credit is 7-years from the date of first delinquency. This works out to 7.5 years.It is illegal to re-age debt, so if you pay it will not start the clock over, what it will do however is start the statute of limitations over which is the legal time that collection people have to sue you in court.