How long does negative information stay on my credit report?

Negative information can stay on your credit report for different periods of time, depending on the type of information and the credit reporting agency. Generally, late payments, accounts in collections, and bankruptcies can stay on your report for up to 6 years. However, some less severe issues like missed payments or defaulting on a loan could stay for 3-4 years. It's important to note that after these time frames, the negative information should automatically be removed from your report. Keep in mind that this information can significantly impact your credit score and your ability to obtain credit in the future. Therefore, it is crucial to maintain a good credit history and resolve any issues promptly to avoid long-lasting negative effects on your credit report.