Negative items on credit report: How long would they stay?

Negative items on credit report: How long would they stay?

Negative items lurking on your credit report limits your borrowing potential. They gravely hurt your credit score, making it difficult for you to avail credit services.


However, these negative items on your credit report are not permanent. Even though they are painful to see, you can rest assured that they will be automatically removed eventually.


Well, the question is, when? The short answer is, it varies.


In general, being a positive thinker can help foster the healthy growth of an individual. However, if you tend to ignore negative things in your life, you are just allowing them to gather more power which can destroy you in the end. Negative things won’t fix themselves. The same is also true with the negative items in your credit report. By ignoring them, you’re giving them the chance to ruin you financially. Every once in a while, it is better to focus on the negative side of things.


Your credit report summarizes your behaviour as a borrower. It helps credit companies decide on whether your credit application will be approved or not. Having negative items on it is the least you want to have because it will surely turn-off those who will evaluate it.


Credit bureaus such as Equifax, Experian and TransUnion produce credit reports, and they must eliminate negative items subsequently for a specific amount of time.

Two questions now arise:

  • What items?
  • When?



Filing for bankruptcy is humiliating; nothing is more embarrassing than seeing the work that you take pride in getting disintegrated into pieces. Aside from this predicament, it is also excruciating to witness that all of your hard work crumble right before your eyes.


However, for those who are in dire need, bankruptcy acts as a last resort that can assist them financially by liquidating their assets and paying off their debts. Moreover, they can also receive financial relief.


Oh, did I mention that bankruptcy can cause your credit score to drop more than 200 points too?


A completed Chapter 13 bankruptcies last for seven (7) years, while chapter Chapter 7 bankruptcies last for ten (10) years.




When you stopped making payments to the lender, the mortgage lender (usually a bank) can take the asset that you used as the collateral for the loan through a legal process called foreclosure. It will be removed from your credit report after seven (7) years.


Late Payments


Late payments can gravely hurt your credit score. You must prevent them from happening since you have to wait for a long time to get them removed. Late payments take seven (7) years to be eliminated from your credit report.


Note: Seven years from the day you fail to remit the payment.


Collections / Charged-Off-Accounts


A collection or charged-off-account is the official statement of a creditor that a debt is doubtful—which means that it is unlikely to be collected.


Collections will typically be eliminated from your credit report after seven (7) years.


Tax liens

An unsettled tax lien will generally last for ten (10) years, while a paid one will usually stay in your credit report for seven (7) years.

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Michael Aniston

Michael started with a master's degree in finance before he went into technology and coding. He is now a freelance journalist and video producer living in Berlin, Germany. When he doesn't write, he will travel many countries.