Seven years. If you don’t make a payment on an account for seven years, it falls off your credit report.
Understand that your credit will be shit for those seven years, but if you’re in such a bad spot that you can’t see any way of getting caught up, your credit score is probably doomed either way.
Seven years. If you don’t make a payment on an account for seven years, it falls off your credit report.
Understand that your credit will be shit for those seven years, but if you’re in such a bad spot that you can’t see any way of getting caught up, your credit score is probably doomed either way.
And in the meantime, you have to make good on all your other debt, or the clock resets.