I own a derogatory story on my credit report. It first appeared on 09/30/2000. But for some use? it says later activity be in 2006. Will it drop sour my

it says later activity be in 2006. Will it drop sour my report 7 years from 09/30/2000 or has the date be pushed back from the 2006 stain?

Usually the ending date that you see on the report is the last time that they reported to the bureau. If the debt is remunerated in full afterwards it should drop off 7 years (approx.) from the date it be paid. Although, when you owe them money they are reporting at the double, but when you pay them, they are slow surrounded by reporting it. I am a mortgage specialist and look at credit reports all afternoon every day. If you involve help, you can e messages me. kellilynnmorris(a)yahoo.com

It should be 7-years from the date of first delinquency.

Answers: The derogatory trade line should be dropped stale your credit reports seven years after it first became delinquent. It may own been purchased by a Junk Debt Buyer. It is dubious for them to re-age your old debts. Check the Fair Credit Reporting Act (FCRA).

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