It Your Credit History/Line exsponged every seven 7 years?

The word is expunged. Hopefully, you're coming along on that spelling of werds.

Accounts age off if they are closed. The aging is usually 7 years. It could be 10 years for serious derogatory accounts

Negative information will drop past its sell-by date after 7 years except for judgments and bankruptcy which remain for 10. Good items will remain there forever since a long stable credit history is push button to a high chalk up. I've got worthy things on my credit history that are decades old very soon. (And all of the dated bad second-hand goods is log gone!)

Answers:
No, your credit history is on an ongoing basis. Late payments roughly fall rotten after three years. Judgments and foreclosures are usually on there for seven years. Bankruptcies can stay at hand for 10 years. There is no point where everything get wiped verbs, unless it just happen to all spatter into place like that.

Derogatory accounts (charge-offs, collection) will plummet off your credit report surrounded by 7 yrs. The 7 yrs. starts at the first delinquency that led to the charge-off or collection buzz.
Judgments will also fall past its sell-by date in 7yrs. from date of entry.
Bankruptcy is 10 yrs.