Hartford Credit Card Debt Lawyer Examines Negative Items on a Credit Report
Negative items that appear on your credit report can impact your credit score, so I’m often asked as an experienced Hartford Credit Card Debt Lawyer how long items stay on credit report? I always tell clients that it all depends on the debt.
It will take seven years from the last date you made a payment on a defaulted credit card or other loan. It also takes seven years from the date of which a judgement was later obtained on that defaulted loan. If that loan is written off by the company, it can also be seven years from the date upon which that loan was written off. If you file for bankruptcy, that will stay on your credit report for ten years.
If you must, you can reach out the three credit reporting companies and make a note on your credit report about an item. The Fair Credit Reporting Act gives the right to add a note to a negative item that’s in your credit report. This right can be exercised, but you need to do it with caution and the commentary needs to be short and to the point.
If you are dealing with a negative item on your credit report, contact dedicated Hartford Credit Card Debt Lawyer Eric Foster to guide you through the process.