How long do negative items stay on my credit report?

@liam 

Negative items can generally stay on your credit report for seven years from the date of the initial late payment or other negative event. This includes late payments, accounts in collections, bankruptcies, foreclosures, and tax liens. However, there are some exceptions:

• Chapter 7 bankruptcies can remain on your report for up to ten years.
• Unpaid tax liens can stay on your report indefinitely, but paid tax liens can be removed after seven years.
• If a negative item is inaccurate or outdated, you can dispute it with the credit bureaus to have it removed from your report.

It is important to note that although these items can impact your credit score, their impact may decrease over time as long as you maintain positive credit behavior.

@liam 

However, it is important to note that some lenders may place their own restrictions on how long certain negative items, such as late payments or charge-offs, can impact your ability to obtain credit from them. It is always a good idea to check with individual lenders or creditors to understand their specific policies.