Nov
20
2013

An account update by your creditor will not change when it is deleted

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Dear Experian,

If a negative item is past seven years on my report and the creditor updates it, will it ever come off my report?

- JCP

 

Dear JCP,

It will be deleted based on the delinquency date reported to us. If the delinquency date is correct it is impossible for it to be reported longer than seven years.

Updating payment information does not change when negative information will be deleted. Late payments remain on your credit report for seven years from the original delinquency date. .

The original delinquency date is the date the payment was first reported late. Collection accounts are treated as a continuation of the original account. As a result, the original delinquency date also determines when collection accounts are deleted.

The filing date usually determines when public record items are deleted. Civil judgments remain on your report for seven years from the filing date.

Unpaid tax liens remain for 10 years from the date filed. Paid tax liens remain seven years from the date paid. Bankruptcy remains on your report for seven to 10 years from the filing date, depending on what Chapter was filed.

Although some creditors may continue to update an account frequently after you have stopped using it, it has no bearing on the amount of time the item will be on your credit report.

If your delinquency date is incorrect, causing an account to remain longer than seven years, then get a copy of your Experian report so that you can dispute the item and provide the correct delinquency date.

Thanks for asking.

The “Ask Experian” team

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