answersLogoWhite

0


Best Answer

Negative information cannot be removed from a credit report once it has been entered. The entries must remain on the report for the required length of time. Seven years for most defaults such as charge offs and some judgments; 10 years for all discharged or dismissed bankruptcies other than a dismissed "13" which is 7 years.

User Avatar

Wiki User

โˆ™ 2006-03-17 06:24:13
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: How do you remove negative information from a credit report?
Write your answer...
Submit
Sign up for more answers

Registered users can ask questions, leave comments, and earn points for submitting new answers.

Already have an account? Log in

Related questions

Does a bankruptcy remove the crediters from your credit report?

No, the information remains on your credit report.


How do you remove inaccurate judgments?

You can dispute inaccurate information on your credit report. You can start the dispute process by contacting all of the credit bureaus that are reporting the negative information.


Will filing a bankruptcy remove a judgment on credit report?

No, a BK does NOT remove negative items in credit reports.


Which of the following can be a reason for a lender to deny credit?

negative information in your credit report


How can you remove incorrect information on your credit report?

you cant


How to remove a bankruptcy from credit report?

The bankruptcy will remain on the credit report until the required ten years has expired. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.


How do you remove negative information from credit report that is over ten years?

All you need to do is send a letter of dispute and what item and why, to the credit agency. You can do this online as well with your free once a year credit report from Experian, Equifax and Transunion. annualcreditreport.com


How can you remove negative accounts from your credit report?

Have they been paid off,and how old are they?


How long before negative information appears on credit report?

Immediately, that it is reported to the credit agencies.


How long does negative credit information stay on your credit report?

Most information (good and bad) will stay on your credit report for seven years. However, some financial disasters (divorce, bankruptcy) can stay for as long as ten years. The silver lining to this is that, the older the negative information is, the less influence it has on the overall report.


How long does it take for negative credit information with the exception of bankruptcies to be cleared from a credit report?

7


Can negative information remain on your credit report if the last date is updated?

Yes!


If you offered to pay in full in exchange for negative information being taken off your credit report why would every collection agency you owe say they cannot remove the information?

Valid negative entries on credit reports cannot be removed until the time limit for expungement is reached. Creditors/collection agencies CANNOT remove the entry. Companies that claim they can clear a credit report of valid negative information that has not exceeded the prescribed time limit (usually 7 years) are, quite frankly, lying.


How do you remove a judgment from your credit report?

Judgments and other negative information that is valid cannot be removed from a credit report until the required time limit of 7 years (usually from the DLA) has expired. Most judgments are renewable and therefore can be reentered on a credit report and remain an idefinite period of time.


Can a foreclosure be removed from your credit report?

Foreclosures can be removed from your credit report like any other negative item. You must dispute it to the credit bureaus. The credit bureaus will have 30 days to verify the foreclosure or it must be removed from your credit report. With the higher amount of foreclosures lately you have a better chance of it being removed. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Foreclosure from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "foreclosure account" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The bank that held your mortgage may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.


Is it true that collectors can't remove one's bad credit even if the bill is paid?

Yes. Negative information will remain on a credit report for the required amount of time, usually 7 years.


What do you have to write in order for the credit breau to put positive credit on your report?

you don't write anything, it is your creditors who report the information weather it be positive or negative.


If a credit card company refuses to give you information to help clear your credit report do they have to remove it from your report?

Read the Fair Credit Billing Act. Also your user agreement.


How long will bad credit remain on your credit report?

Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.


How long does judgment stay on credit report in North Carolina?

Negative information remains on a credit report for 7 years in every state. There are strategies to assist in this matter.


Is there a way to remove the negative information from your credit report if you have had volunteer repossession and paid off the remainder?

Best way to do that is to negotiate the removal as part of the payoff with the lender. Otherwise, not likely because it is part of your credit history.


How does paid closed wriiten off affect your credit report or score?

paid charge off affects your report as it is negative information


If you file bankruptcy will that remove a charge off report from a credit card?

Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.


How does having a repossession removed from your credit report affect your credit?

Anytime a negative item is removed from your credit report, it will raise your credit score unless new collections are added to your report.


How do you remove bankruptcy on my file that i never filed?

If there is a bankruptcy filing showing on your credit report and you did not actual file, you should dispute that information with the three credit bureaus. They will then investigate and remove the information if it is inaccurate.