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Recently I was getting some quotes for my auto insurance since it expires at the end of Nov. 2010. One of the quotes had some information on my Credit situation from Experian. They had a list of the reasons my score was good and only one adverse condition. It was, "Your earliest reported account or loan was opened after you were 50 years old." Their exact words.

Well duhh, that was 20 years ago. Just how many years back is a Credit Report supposed to go? I have borrowed money to run a business, buy land, and to buy homes since my first major loan to buy some farmland in 1964, but today I have no long term debt and pay my Credit Card in full each month so there was not a payment history for any debt prior to 1990--thank goodness!

Have any of you experienced such an adverse mark on your credit history because of a report not showing borrowing activity until after 50 yrs of age or after any age?

Thanks for any comments.

Charlie--who's finally out of debt and loving it.
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