Do credit reports show the drop off dates for delinquent loans?

Posted by Caitlin on April 15th, 2009

The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.

Q: Do the credit reports from Equifax with Score Power show the approximate drop off dates for delinquent cards or loans?

A: The credit reports provided by Equifax do not indicate when negative information, such as negative accounts, accounts that have been turned over to a collection agency, or public record information, will eventually expire and be removed from your credit report. However, in general, you can expect missed credit card and loan payments to remain on your report for 7 years from the time of delinquency. An account that has been turned over to a collection agency could remain on your report for 7 to 10 years. Unpaid tax liens stay on your report indefinitely, but paid tax liens drop off after 7 years. Foreclosures stay on your report for 7 years. Bankruptcies stay on your report for 7 to 10 years.

You may also be interested in our in-depth guide on how to read, analyze and dispute your Equifax credit report. To learn more about credit monitoring services, see our reviews and comparison chart.