Quarter Horses owe their breed name from their ability to run a fast quarter mile. However, while Quarter Horses are great sprinters they are not so good at longer distances. They don't have the running stamina to race over a ten furlong course (about 2 km or 1 1/8 m) like their Thoroughbred counterparts.
(1) a policy record for each insurance contract or policy for six calendar years after the date the policy is no longer in force or until after the filing of the report on examination in which the record was subject to review, whichever is longer.
Look over your reports to make sure that the closed account is still reflected in your credit history. Credit.com states that most expired records should automatically drop off your report -- in this case, after seven years. If the record remains past the time it should have expired, continue to Step 3.