I co-signed for a car in 1999. In 2000 the person I co-signed for began to make late payments and eventually quit paying all together. In 2004 she filed for bankruptcy. In 2007 I was contacted by a collection agency to pay the outstanding debt. Since i did co-sign I went ahead and paid. I know that negative remarks will be on my credit report for up to 7 years. My question is, when does the clock start ticking? In 1999 when the first negative report showed up up on my credit report, or in 2007 when everything was settled?

msgtjtrob

OK guys let me throw this out there. The loan was through Ford Morot Credit and the last action on the account was in 2000. I didnt pay ford, I paid the collection agency so it sounds like this negative mark should have already fallen off of my report right?

TheCleaner

Right, just dispute it with the bureaus as too old to report