How Long Does a Charge-off Stay on the Credit Report for?


A charge-off account will appear under the negative column of the credit report for up to 7 years from the date of last payment. You can figure out the date of last payment by looking at the payment history of the account and looking for the last 30-day late payment incurred on the account. The month before the last 30-day late payment was reported is the date of last payment, also known as the date of last activity. Adding 7 years to this date will give you the estimated date when the charge-off account is scheduled to fall off your credit report.

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