Anonymous Posted April 30, 2003 Report Share Posted April 30, 2003 I have not had made any credit related transactions (nor payed any debts has, roughly 4000 dollarsfor 8 years ,i.e. ever since I left Canada for Europe). Does that make it possible equifax has absolutely no data, no file for me anymore? that is,could it be that everything has been erased?Do I have to apply for credit in order to "create" a file again? Link to comment Share on other sites More sharing options...
DocDon Posted April 30, 2003 Report Share Posted April 30, 2003 If they've been closed and were in good standing, that information normally stays on for 10 years. Some indefinately. I still have a paid account from 12 ago. Link to comment Share on other sites More sharing options...
crofttk Posted April 30, 2003 Report Share Posted April 30, 2003 I'm drifting a little bit OT here but my "anchor" TL is an Amex account I opened in 1981 and closed in good standing in 1986. It's still there ! Usually at the top of my positive scoring reasons is that I have a LONG credit history of 22+ years.Makes a good case for being careful how you dispute and not end up getting good OLD TLs deleted ! [Edit by crofttk on Wednesday, April 30, 2003 @ 01:28 PM] Link to comment Share on other sites More sharing options...
kb9tbq Posted May 1, 2003 Report Share Posted May 1, 2003 Negative tradelines will stay 7 years; unless it is a chapter 10 BK (then 10 years) or tax lein which may remain forever if unpaid verses 7 years if paid.Positive tradelines will stay 10 years. TransUnion is the exception - they may leave on forever. Link to comment Share on other sites More sharing options...
Anonymous Posted May 1, 2003 Author Report Share Posted May 1, 2003 Well, I talked to Equifax, they can not even find my name in their database. Isn't this weird?<blockquote>Originally posted by kb9tbqNegative tradelines will stay 7 years; unless it is a chapter 10 BK (then 10 years) or tax lein which may remain forever if unpaid verses 7 years if paid.Positive tradelines will stay 10 years. TransUnion is the exception - they may leave on forever.</blockquote> Link to comment Share on other sites More sharing options...
kb9tbq Posted May 1, 2003 Report Share Posted May 1, 2003 Well if you have not had any established credit since then; this will be normal. You have a clean slate to start over again on the reporting side. You won't have a credit score either until you can get back in the game establishing new credit so that creditors can start reporting on you. Link to comment Share on other sites More sharing options...
Anonymous Posted May 1, 2003 Author Report Share Posted May 1, 2003 By the same reasoning1. I could assume there is no defauly judgement against me, right?2. should there be a judgement, wouldn't it have to appear in all three major credit bureaus?<blockquote>Originally posted by kb9tbqWell if you have not had any established credit since then; this will be normal. You have a clean slate to start over again on the reporting side. You won't have a credit score either until you can get back in the game establishing new credit so that creditors can start reporting on you.</blockquote> Link to comment Share on other sites More sharing options...
kb9tbq Posted May 1, 2003 Report Share Posted May 1, 2003 Possibly; if you know for a fact that the SOL for the judgement would have been less than the 7 years it would take to expire off of the credit report.We need confirmation on what SOL is for a Canada Judgment is to know for sure. Link to comment Share on other sites More sharing options...
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