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How Long Do Late Payments Stay on Your Credit Report?—Everything You Need To Know

CreditStrong for Business

More precisely, a Chapter 7 bankruptcy will remain for up to ten years, while a Chapter 13 bankruptcy generally remains for seven years. If that happens, or if the creditor sends your debt to the collection agency, then it becomes a much more significant issue that will have a more serious impact on your score.

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How Long Do Late Payments Stay on Your Credit Report?

CreditStrong for Business

Most negative information such as late credit card payments, collection agency activity, and other missed payments toward debts remain on your credit report for seven years. A Chapter 7 bankruptcy will remain for up to 10 years, while a Chapter 13 bankruptcy generally remains for seven years.