If you have Social Security credits in both the United States and Canada, you may be eligible for benefits from one or both countries. If you meet all the basic requirements under one countryâs system, you will get a regular benefit from that country.
Settled accounts are potentially negative and remain for seven years. Settled accounts stay on your credit report for seven years. Settling an account for less than the full balance owed is considered potentially negative because you did not repay the entire debt as agreed under the original contract.
It does depend on the type of negative information but here is a breakdown of how long different types of negative information will remain on your credit report: 1  Late Payments: 7 years. 2  Bankruptcy: 7 years for completed Chapter 13 bankruptcy and 10 years for Chapter 7 bankruptcy.3  Foreclosures: 7 years. The length of time a negative mark can stay on your credit report starts from the time you were late or the late payment went into collection, not from the last time you made a payment on the account.