How Long Does Negative Information Stay on Your Credit Report?

How Long Does Negative Information Stay On Your Credit Report

The information in your credit report is constantly under review. Creditors, landlords and even employers make decisions based on what’s listed on your report.

If this document includes any negative information, it can be a serious problem.

Fortunately, credit rating agencies eventually remove most pieces of negative information from your file.

The amount of time before this happens depends on what type of negative information is on your credit report.

1. Missed payments.

If you are late on a debt payment, the record of late payment will stay on your record for seven years.

If you completely stop paying a debt, the record of the unpaid debt will also stay on your record for seven years, starting from the day your missed payment was due.

2. Bankruptcies.

The length of time a bankruptcy stays on your credit report depends on what type of bankruptcy you declared.

If you declared Chapter 13 bankruptcy, meaning you restructured your debts to eventually pay them off, this declaration will stay on your report for seven years.

If you declared Chapter 7 bankruptcy, meaning you discharged your debts, this declaration will stay on your report for 10 years. If you foreclosed on a home, this record stays on your file for seven years.

“When it comes to negative

information, time matters.”

3. Public records.

If you lose a financial judgment, this judgment will show up on your credit report for seven years from the day the judgment was filed.

It doesn’t matter whether you pay the judgment or not. It still stays on your report the same amount of time.

If someone placed a lien against your property, this also shows up on your report.

If you paid off your debt to remove the lien, this record will stay on your report for seven years from the day you paid the lien. Unpaid liens can stay on your credit report indefinitely.

4. Inquiries.

Any time someone requests a copy of your credit report, it shows up on your credit report.

If your report shows many inquiries in a short time, it could worry lenders. Depending on the rating agency, inquiries stay on your report between one and two years.

5. Time matters.

When it comes to negative information, time matters. Lenders will be much more concerned about something that happened last month than something that happened five years ago.

Old negative information also hurts your credit score less than recent negative information.

When you have negative information on your credit report, all you can do is wait for it to go away. Use this as motivation to avoid adding negative history to your file in the first place.

Photo source:

Advertiser Disclosure is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free for users, we receive advertising compensation from the financial products listed on this page. Along with key review factors, this compensation may impact how and where products appear on the page (including, for example, the order in which they appear). does not include listings for all financial products.

Our Editorial Review Policy

Our site is committed to publishing independent, accurate content guided by strict editorial guidelines. Before articles and reviews are published on our site, they undergo a thorough review process performed by a team of independent editors and subject-matter experts to ensure the content’s accuracy, timeliness, and impartiality. Our editorial team is separate and independent of our site’s advertisers, and the opinions they express on our site are their own. To read more about our team members and their editorial backgrounds, please visit our site’s About page.