• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 11. CREDIT REPORTS > Closed Accounts

Closed Accounts

Even if you close an account, that account will appear on your credit report and contribute toward the calculation of your credit score. Negative account information must be removed from your account after seven years. Bankruptcies, however, are an exception to that rule; they remain on your credit report for ten years.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint