GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Does your credit stay fucked for years after you pay all your bad debt off?

eddie-executive · 06-07-2004, 05:55 AM

People say for 7 years it stays on your credit report even if you pay everything off, is that true? I haven't used credit in like 6 years don't like it. I have about 4k in charged off credit card debt from when i was 19. Now i feel like paying that off to get a bank loan for a business. If everything is paid off will it be difficult still to get a loan?

06-07-2004, 05:55 AM
eddie-executive Confirmed User Join Date: Apr 2003 Posts: 2,061	Does your credit stay fucked for years after you pay all your bad debt off? People say for 7 years it stays on your credit report even if you pay everything off, is that true? I haven't used credit in like 6 years don't like it. I have about 4k in charged off credit card debt from when i was 19. Now i feel like paying that off to get a bank loan for a business. If everything is paid off will it be difficult still to get a loan? __________________ Jealousy... is a mental cancer. ~B.C. Forbes