Friday, November 6, 2009

How soon can I ask for items be removed from my credit report?

I live in Nevada and would like to get some things that are on my credit report off of it. Some have been there for over 10 years.

How soon can I ask for items be removed from my credit report?
You can ask them at any time :) None of the accounts on your report is required to be listed at all. The federal law (FCRA) is designed to protect consumers from credit reporting agencies abuse and requires any negative item on your report to be removed after 7 years (10 years for BK chapter 7).


So, you do not need to ask them to remove it, you need to demand it (it is illegal for CRA to report outdated information)
Reply:go to www.annualcreditreport.com and DISPUTE these items!!
Reply:If a bk, it will take 10 years to get off. If not, then there are guidelines on how long they need to be there. Check the www.myfico.com site.
Reply:You can't dispute the length of time the bureaus maintain items on file; you can only dispute the accuracy of the item.
Reply:Some you can not take off unless errors. You will need to write letters to three credit bureau's experian, transunion and equifax. Look at their websites for address then you write your situation and they will consider taking it off. Sometimes you can also contact whatever creditor that is displaying the information to remove it too,
Reply:What I used to do is go to http://www.myfico.com and order all three credit reports. They include a service called Credit Scrub (or something like that) that allows you to automatically create a dispute letter (based on items you select as incorrect) for the bureaus. Once you send those in the agencies have 30 days to verify the validity of the item. If it is too old or not valid, it should be removed.


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