Probably a dumb-?

Discussion in 'Credit Talk' started by Coreen99, Jan 26, 2001.

  1. Coreen99

    Coreen99 Guest

    ...but how long does a negative report stay? I had a repo on a car in '96 and it says it will stay on there until 2006... Thats a long time. Does it go by when I started the loan or can they just keep reporting it for as long as they feel like it? I thought it was for 7 years but...well, please help.
  2. sam

    sam Well-Known Member

    7 years from the charge off is a good rule of thumb.
    (usually 6 months past the past due point at which you stopped paying+years).

    if it says 2006 , thats whack!

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