Generally, seven years. Adverse information cannot be reported after that, with certain exceptions:
- Bankruptcy information can be reported for ten years
- Information reported because of an application for a job with a salary of more than $75,000.00 has no time limit
- Information reported because of an application for more than $150,000.00 worth of credit or life insurance has no time limit
- Information concerning a lawsuit or judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer.
If you believe that inaccurate or incomplete credit information is being used against you, you have rights. Learn more about the Fair Credit Reporting Act and how we can help you here.