Legal Question in Credit and Debt Law in California
Credit report
How many years should a bad debt remain on a credit report?
Should good credit always show up on a credit report?
2 Answers from Attorneys
Re: Credit report
Mr. Starrett gave you good information. The bad debt generally has to come off after 7 years and 10 years for a bankruptcy. You need to review your credit report carefully for errors.
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Re: Credit report
Most negative credit entries must legally drop off after 7 years. Some items like a bankruptcy can stay on your record for up to 10 years.
To my knowledge, there is no specific regulation that requires creditors to report "good" credit. If they do make a report to your credit history, they must do it accurately whether is it good or bad.
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