Some people want to
remove old debt from their credit report as soon as they're done paying it up, but this doesn't do your credit report any good.
Not exact matches
The French decision follows the May ruling by the European Court of Justice (ECJ) in the case of Mario Costeja González, a Spanish man who succeeded in ordering Google to
remove links to an
old article saying that his home was being repossessed to pay off
debts.
If you have
older debt that's still being noted, write to the credit bureaus and demand that they be
removed.
If you have
older missed payments or
debts on there, work on getting them
removed.
One additional tip for this section would be that if one of the credit reporting agencies is reporting negative information on a
debt or a form of credit that is more than 7 years
old, you can request that they
remove that information because it should no longer be reported.
Also, remember to contact credit bureaus to
remove the
debt from your credit report, if it is over 7 years
old.
This will allow you to
remove some
debt and not impact your credit history because closing your
oldest account could potentially harm your overall score.
However, going forward, the bankruptcy case will help you rebuild your credit score by
removing or discharging
old debts.
Regardless of how it shows on your report, ensure that the lender
removes the charged - off status on your
old debt and shows it as paid in full.
i have had reposessions and
old credit card
debt returned checks and everything else
removed from my credit simply by disputing stuff online myself.
Facts: Relying on the Limitations Act, 2002, the appellant sought an order that two consumer reporting agencies
remove debts over two years
old that were shown on his credit report.
For example, your credit card company may simply
remove your ex-spouse's name from the account, or you may have to open a new card and roll the
debt from the
old account to the new one.