How long does a negative item stay on my credit report?

In Washington, the length of time a negative item stays on your credit report typically depends on the type of item and the reporting agency. Generally, the length of time a negative item remains on your credit report is seven years from the date the negative item occurred. However, there are some exceptions. For example, a bankruptcy can stay on your credit report for up to 10 years, while a collection account can stay on your credit report for up to seven years plus 180 days from the date you first fell behind with the lender. In addition to the length of time a negative item remains on your credit report, other factors also influence how a particular item affects your credit. These include the amount of negative information you already have on your credit report, your existing credit score, and whether or not you have taken proactive steps to pay off the debt or dispute the item. As such, it is important to keep in mind that although a negative item remains on your credit report for a certain amount of time, it does not necessarily mean it will have a lasting impact on your credit score. In some cases, credit repair law may provide you with ways to challenge negative items on your credit report and potentially remove them earlier. It is always best to speak to a knowledgeable credit repair professional to determine which option is right for you.

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