Depending on the type of account, it can take anywhere from 3 to 10 years after the account is paid and closed, before it falls off the report. For things like a 12-36 month signature loan it's usually around 3 years after the last payment is made, before it falls off your credit report. Whereas something like a mortgage can hang around for as long as 10 years after it's paid off. For an account that it "charged off" the average is 7 years. That's usually something like a credit card where the credit source has given up trying to collect what you owe them, and they just write it off as a loss. Those charge offs take on average 7 years before they fall off your credit report.
