YES. Smart People Have Bad Credit Deleted From Their Credit Report.

Yes, it is certainly possible to delete bad credit from your credit report.  Despite the fervent proclamations of bureaucrats and credit bureaus everywhere, the simple fact remains:

Negative credit listings are deleted from peoples' credit reports by the thousands each and every day.   Lexington Law is the leader in credit score repair.  You can solve your credit problems, and it doesn't have to take forever! 

 

Repair My Credit Score

Learn More

۩۩۩

Self Help

Professional Help

Debt Consolidation

Sign up

A Look At Reality - A Conversation Shared By Lexington Law

Myth - Bad Credit Can Not Be Deleted

A few years ago, an attorney from Lexington Law. visited with a regulatory agency for a casual conversation with two agents. The Agency's office, as a matter of course, believed the credit bureaus' claim that bad credit couldn't be deleted. The visiting Lexington attorney asked, "How many negative listings would you have to see deleted from consumer credit reports before you would believe that bad credit can be deleted: ten? fifty? a hundred? one thousand?" The agents responded with only blank stares.

"How about 50,000 deleted listings, would that convince you?" continued the Lexington attorney. From his briefcase he pulled a stack of papers six inches high.

"In these pages, we have listed the permanent deletion of over 50,000. listings from our clients' files in the last two years alone," he explained. The agents pulled the stack across the conference table and began to pick through the pages, taking in the massive list.

Myth - Bankruptcies Can Not Be Deleted

"But have you deleted any bankruptcies?" shot back one of the agents, "we know that bankruptcies can't be deleted." The Lexington attorney leaned across the table and ran his finger down the first page.

"There's one deleted bankruptcy... and, there's another,... and another,... and another. Should I go on?" asked the Lexington attorney.

The agents sat back in their chairs. "You know," began the junior agent, "I have this one listing on my credit report that simply must belong to somebody else..."

The Facts - How Credit Repair Is Legally Possible

The Fair Credit Reporting Act (FCRA) allows a consumer to challenge the information on his credit report on the basis of "completeness and accuracy." When a consumer files a dispute, the credit bureaus must contact the source of the credit information (the creditor) and confirm that the information is accurate, verifiable, and not obsolete. In some circumstances, the credit bureau is required to go beyond a simple verification of the creditor's own computer record. If, within 30 days, the credit bureau has not received verification from the creditor, then the credit bureau must promptly delete the credit listing.

 

The Truth - It is Legal For Creditors To Take Negative Accurate Listings Off Credit Reports

When you speak with credit grantors, collection agencies, or credit bureaus, their typically under-educated staff may tell you that negative credit information can't be removed for seven years.  This is simply not true. The law demands that negative listings appear on your credit report for no longer than seven years. The credit grantor or the credit bureau can choose to delete the information at any time.

 

Learn More... Get The Truth on Consumer Credit Counseling Services

 

                    Will Good Credit Offset Bad Credit On A Credit Report

 

 

 

Delete Bad Credit - Is It Possible?