The PC speaker is normally meant to reproduce a square wave via only 2 levels of output (the speaker is driven by only two voltage levels, typically 0 V and 5 V).
For example, if your payments for March and July 2010 were each one month late, the report may continue to show (for seven years from the date after each payment was due) that you were 30 days late twice in 2010, even though the tradeline for that account also shows your payments for the rest of 2010 were made on time.
â03-24-2008 09:44 PM. fico-newbie33 wrote: I have read on the Fico site that late payments stay on your report for 2 years....collections and bankruptcies stay on for 7 years. My impression was that a negative, late payment or otherwise stay on for 7 years.ico-newbie33 wrote: I have read on the Fico site that late payments stay on your report for 2 years....collections and bankruptcies stay on for 7 years.