Most negative information can stay on your credit report for seven years. Have you ever wondered why the magic number is seven and if there is any way around it?
Congress instituted the time for negative data to remain on credit reports back when the Fair Credit Reporting Act was put in place....
Credit Score Interpretation: Understanding Why It Takes 7 Years to Get Bad Stuff Removed
Showing posts with label understanding credit scores. Show all posts
Showing posts with label understanding credit scores. Show all posts
Friday, 14 November 2014
Credit Score Interpretation: Understanding Why It Takes 7 Years to Get Bad Stuff Removed
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