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paid off debts

Posted on: 07th Mar, 2009 01:51 pm
How long does it take for paid in full debts that were once deragatory to leave your credit.
Is it 7 years from the paid in full date ?
Hi srklmak,

Your credit report will be updated as "paid in full" as you have paid off the debts. This will have a positive effect on your credit score. I don't think you will have to remove it from your credit report.

Thanks
Posted on: 07th Mar, 2009 10:06 pm
inasmuch as the items were once derogatory, and depending on the gravity of the derogatory reporting, you can anticipate that in the seventh year they would drop off.
Posted on: 10th Mar, 2009 08:41 am
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