How Long does it take for late payments to fall off credit?

[sammydavistheman]

How Long does it take for late payments to fall off my credit Report?

How long does it take for blemishes on my credit history to disappear? I had a bunch of late payments a few years back and when I applied for a loan, the banker brought it up that I had missed some payments 3 years ago. Will these follow me around forever?

[Credit Expert]

The answer is 7 years from the date of delinquency.


If you want late payments to fall off your reports sooner, check out http://www.CreditAgenda.com

[pravin]

7.5 years from the date of the first missed payment that led to the default. This time period can never be restarted. You still have a little ways to go for this to fall off your credit report.



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