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Information on credit reporting and public record - The Bills.com Blog
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Information on credit reporting and public record
Question: How long a public record should be in your credit (civil claim paid, date resolved jan 2004,Nassau County,New York
Answer: All items remain on your credit report for up to 7 years. A bankruptcy may remain on your credit report for up to 10 years.
According to the Fair Credit Reporting Act, all trade lines can be reported on each of the credit bureaus. However, the reporting agencies mustupdate and keep accurate data in their credit files. If there is erroneous information, you must notify them (typically through a dispute letter sent via certified mail). The credit bureau must investigate your claim within 30 days (unless it is frivolous). If the charge is incorrect or cannot be verified in that time, the credit bureau must delete it or change it as you requested. If they make changes to your report, the credit bureau must send you a new copy. You can also request that a new copy be sent to anyone who has gotten your credit report in the past
12 months. The credit bureau cannot re-insert the item without giving you written notice.
If there are errors, or you would like to contest items on your credit report, you can contact directly the big three agencies.
There are three major credit bureaus that offer credit reports:
Equifax
1-800-685-1111
www.equifax.com
Experian
1-888-397-3742
www.experian.com
Trans Union
1-800-916-8800
www.transunion.com
To get a hold of your credit report, contact one of these three bureaus. Each bureau interprets your credit information differently, so you might want to get a report from all three.
If you would like more information or would like to hire the services of a credit repair professional, please visit our credit resource page at:
http://www.bills.com/credit/
We hope that this helped you to Find, Learn, and Save!
Best,
Bill
www.bills.com
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1. Posted by Anu on Friday 19th October 2007 11:34
How do you report a public record on a person. Such as a execusion of judgement?
2. Posted by Bradford on Saturday 20th October 2007 10:49
Public record documents, including judgements and bankruptcy petitions quite literally get filed at the local court-house. They will also be entered by the court's clerks into electronic databases that can be accessed nationally.