Positive or neutral information can stay on your credit reports indefinitely
Experian, for example, no longer reports accounts that are more than ten years old if the account is closed and there is no activity on it. Accounts such as credit cards and mortgages can stay on a credit report for many years if they are open and active.
With negative information, however, federal law limits how long that information may be reported:
· Chapter 7 Bankruptcies – These wi ..