Repairing credit-Is it true old debts do go away after time?

Question by ruxyinda818: Repairing credit-Is it true old debts do go away after time?
I am trying to get an apt., so I recently had my credit ran, thought I had really really bad credit, turns out I only have two recent accounts in collections, which I’ve already requested payments on. Credit not good, but it seems that all my old accounts from 7 years back are actually not there anymore affecting my score. Everyone and their mom kept telling me that after 7 years old debt goes away, and I never believed anyone. Is this true????

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Best answer:

Answer by dark matter
yes, after 7 years it no longer shows up on your credit, good or bad

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