Solving Your Credit Problems

Your credit report can influence your purchasing power and get your chance to get a job, renting or buying an apartment or a house, and buy insurance. When negative information in your report is correct, can only over time assure its removal. A credit reporting company can report most accurate negative information for seven years and bankruptcy information for 10 years. Information about an unpaid Judgement against you can be reported for seven years expired, or until the statute of limitations, whichever is longer.

There is no deadline for reporting on criminal convictions, information reported in response to your application for a job that paid more than $ 75,000 per year, and information reported because you've applied worth more than $ 150,000 of credit or life insurance . There is a standard method for calculating the seven-year period. Generally, the period from the date that the event has taken place.