Credit Advice

Charged off account cannot be reported after seven years


Have a question?

Do you have a question about consumer credit? You may find an immediate answer by using the search engine. If you can't find what you're looking for, please fill out the form, being as specific as possible.

Please note: The Ask Experian team cannot respond to each question individually. However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future column.

Our policies
The information contained in this column if for educational purposes only and is not legal advice. You should consult your own attorney or seek specific advice from a legal professional regarding your particular situation.

Please understand that Experian policies change over time. Column responses reflect Experian policy at the time of writing. While maintained for your information, archived responses may not reflect current Experian policy.

Credit Advice

Charged off account cannot be reported after seven years

Dear Experian,

Can a charge off be reported after seven years if it is sold to another company?


Dear YAY,

No, an account that has been charged off cannot be reported beyond the seven year period, even if it is sold to another company.

Accounts are deleted seven years from the original delinquency date of the original account — in this example the account that was charged off and sold. Federal law requires that the original delinquency date be carried over and reported by the new account owner.

Because the original delinquency date must be retained from one account holder to the next, the account should not reappear in your credit report if seven years have passed from that date.

Thanks for asking.

- The "Ask Experian" team

  • © 2022 Experian Information Solutions, Inc. All rights reserved.