Generally, most of the information in your credit file may be reported for only ______ years.
A)7
B)9
C)11
D)13
E)15

Question

Quizplus · Accepted Answer

According to the Fair Credit Reporting Act (FCRA), most negative information in your credit file can only be reported for a maximum of 7 years. This includes missed payments, collections, and charge-offs. Bankruptcies can remain on your credit report for up to 10 years. Positive information, such as on-time payments and accounts in good standing, can remain on your credit report indefinitely.

Generally, Most of the Information in Your Credit File May