When a paid delinquency on your credit report reaches the end of it's five years, does it just

A paid delinquency will be removed from your credit report 7 years from the date you made your last payment.

When a paid delinquency on your credit report reaches the end of it%26#039;s five years, does it just dissappear?

Well that is going to depend on a few different factors. First it depends on of the balance was paid in full or not. If it is paid, then it will fall off of your credit report in 7-10 years (Not 5 like you mentioned). Also it depends on the date of the last update the creditor made a change. (IE. if your made your final payment on Jan 1st of 2000, and the company reports quarterly, then their last update would have been on mar 31st 2000, so it officially may not fall off until Apr 1st 2010. Now thats if it is paid in full or your settled with them for a smaller ammount. If you still owe them money, then the collections process can go on for several more years. I hope this answers your question.