Most information in your credit file (except bankruptcies) may be reported for only 7 years.

Name: Most information in your credit file (except bankruptcies) may be reported for only 7 years.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to the Fair Credit Reporting Act, most negative information in your credit file, such as late payments, collections, and charge-offs, can only be reported for 7 years. However, bankruptcies can remain on your credit report for up to 10 years.

Most Information in Your Credit File (Except Bankruptcies) May Be