Eventually, in July 2009, they sold the debt to a collection agency who then took over trying to get from you the money owed. In this example, the date this item will fall off your credit report would be at the end of January 2016 since that is the date of your last activity on the account. Many credit reports helpfully list the date an item will be removed from your credit file.
http://balancepro.net/education/publications/whencollectacctfall.html
The Effect of Delinquencies During a Short Sale. April 24, 2015. Dear Experian, Will it have more of an impact on my credit report if I stop making my mortgage payments and become 90 days or more delinquent during a short...
http://www.experian.com/blogs/ask-experian/category/credit-advice/home/short-sale/
According to the Fair Credit Reporting Act (FCRA)- the legislation that governs credit file information- the date a negative account drops off your credit report is seven years from the date of your last activity on the account.
http://balancepro.net/education/publications/whencollectacctfall.html
Here’s a breakdown of how long each of 10 different kinds of negative items stay on your report, aka, drag down your credit score: Delinquencies (30 – 180 days): Up to 7 years after the first missed payment, the original delinquency date, after which point you never caught up on your payments again.
https://consumerist.com/2009/07/17/how-long-before-that-debt-falls-off-my-credit-report/
In general, a collection account will remain on your credit report for up to seven years plus 180 days from the date the account first became past due. The countdown to the account falling off your credit report begins 180 days after the start of the delinquency that led to the collection. For current residents of the state of New York, paid collections will remain on your credit file for only five years.
https://blog.equifax.com/credit/what-happens-to-my-credit-score-if-i-start-paying-a-collection/
How Does a Short Sale Impact Your Credit Score? Since you didn’t repay the full debt as agreed, a short sale may significantly impact your credit score. Even if your payments were never late, the mortgage will remain on your credit report seven years from the date it was reported settled or paid.
http://www.experian.com/blogs/ask-experian/category/credit-advice/home/short-sale/
For example, you can see two of your credit scores for free on Credit.com (including a VantageScore 3.0). You can see where on the scale your score falls, as well as information about how to improve your credit score.
https://www.credit.com/credit-scores/articles/how-to-raise-credit-score/
By credit you mean debts, and, for the most part, the answer is yes. However, it depends. Some negative information can stay on your report for up to 15 years. Delinquencies (30 – 180 days): Up to 7 years after the first missed payment, the original delinquency date, after which point you never caught up on your payments again.
https://consumerist.com/2009/07/17/how-long-before-that-debt-falls-off-my-credit-report/
New Credit (10%) Try to limit how often you apply for new credit, because if you apply multiple accounts in a short period, you’re a greater credit risk. A credit application generates a hard inquiry, which can have a small, negative effect on your credit score, particularly within the first six months it’s on your credit report.
https://www.credit.com/credit-scores/articles/how-to-raise-credit-score/
How can I minimize the negative effect of a bankruptcy? A bankruptcy is going to be factored into your FICO® score until it falls off of your credit report. While it may take up to ten years for a bankruptcy to fall off of your report, the impact of the bankruptcy will lessen over time. check your credit report to ensure that accounts that were not part of the bankruptcy filing are not being reported with a bankruptcy status.
http://www.myfico.com/crediteducation/questions/Bankruptcy-Reach.aspx
after how many years a report falls off my credit score
After seven years a report falls off your credit score. After seven years your report falls off your credit score. Your credit score report after seven years.