It will stay on your credit reports for 7 years.
Anytime a negative item is removed from your credit report, it will raise your credit score unless new collections are added to your report.
A late payment can be removed from your credit report. Any information you believe to be erroneous or inaccurate can be disputed with the 3 major credit bureaus and if that information is not verified, it must be removed.
No. You cannot have it removed from your credit history. If the primary borrower defaults you must pay the balance of the loan your own credit will be ruined.
It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.
Yes, but only after the bankruptcy is removed from your credit report - which can take over ten years from the discharge.
Collections can be disputed to the credit bureaus using the Fair Credit Reporting Act. The credit bureaus have 30 days to verify the listing or the listing must be removed from your credit report.
A charge off will stay on your credit report for 7 years unless removed by the original creditor or the credit bureaus. You can dispute a charge off with the credit bureaus and they must verify it with the original creditor with in 30 days or it must be removed from your credit report.
You cannot get it removed from your credit report. It will be on your credit report for 10 years and it will affect your ability to get loans and other type of credit accounts.
No, but you may need to contact all credit bureaus to make sure the item has indeed been removed.
It depends on what you mean. If you have erroneous information on your credit report, contact the credit reporting agency and tell them you want to file a dispute. If you're referring to a negative credit account or report that is in fact accurate, you usually cannot have that removed. Entries on your credit report are removed automatically after 7-10 years depending on what it is.
Yes, late payments can be removed from your credit report. Under the Fair Credit Reporting, any consumer can dispute anything on their credit report they believe to be erroneous or inaccurate. If you fall under this category, send a dispute letter to the credit bureau asking for verification on the account, they have 30 to days to verify it or it must be removed.
A repossession will significantly lower your credit score, regardless of the balance. It will take around 7 years before the repossession is removed from the credit report.