PNC Bank Company Info. PNC Bank is a financial institution providing high yield savings accounts, CDs, interest checking accounts and other banking products. We recommend contacting PNC Bank for a more in-depth list of different types of bank accounts.
According to the Fair Credit Reporting Act (FCRA), a home foreclosure can stay on your credit report for up to seven years. The clock starts when the bank files the notice with the court. Soon after this, the event will be reported to all three of the credit-reporting bureaus -- TransUnion, Equifax and Experian.
- Good credit stays for 10 years and then it is aged off but can stay longer. - Bankruptcies that, from the date of adjudication, (means decision) antedate (means predate) the report by more than 10 years. - Collection accounts and charge offs remain for 7 years from first serious delinquency or charge off date. - Paying an old debt does NOT reset the clock on reporting for another 7 years.