Does the 7-year reporting law apply to original creditors?

The 7.5 tear reporting rule covers ALL Data Furnishers. Dispute as obsolete. If the DF verifies, demand an investigation per sec 623 of the FCRA. If they do not rspond in 30 days, sue them.

Does the same rule apply to a cellular account that has been delinquent since 1995. It was transferred to a CA in 2008. Can I fight it off and get off my credit report? Please explain. Thanks

ANYTHING on your credit report can only be on there for 7.5 years. the only things that can be on there longer are Tax liens, judgements, studentloans, and maybe a couple of others.

Actually, I didn't state my question right. There had been no payments on the account since 1995 but the account was only recently transferred to a CA and showed up on my credit report in late 2008. I guess 7.5 years period doesnt apply to me with these details.

Dispute this with the CRA it should not be on your report if the last payment was made more the 7 years ago. Now if you agreed to the CA that the debt was yours or made a payment then it is seven years from that date

i was taken to court about 3 years ago by citibank and thier was a tax lien on my home. I paid it about a year later. so say 2 years ago it was paid in full. so is it 7.5 years after it was paid in full, were it will come off my report? this is still hurting me pretty badly, i was doing alot better but now with the creditors reducing my lines of credit, even though i have paid on time and have been good, my score is slowly dropping again.

If you have a judgement then that will also be on your report. Which is another bad thing about judgements, they are on your report just like the collection agency TL will be on your report. a double whammy. And everything stays on your report from the date of default or the date of last payment.

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so in my case it would be 7++ years from the default or from the date i paid it in full after the judgement?

Paid tax liens which, from date of payment, antedate the report by more than seven years. Unpaid tax leins can stay forever.

Thanks a whole bunch! I guess i just keep on being a good girl until then! that was always something that confused me weather it be from date of deliquency or from the paid time. well thank you for summing that up for me!