Erase Bad Credit
Can You Erase Bad Credit?
First, if you are denied credit in any form, based on your credit report from the credit bureaus, you have the right to a copy of that report, if you request it within the specified time. Scrutinize your report. Errors are frequent. Make sure the items are up-to-date. Bankruptcies are kept on your record for 10 years, generally. Other negative public record items, such as liens and judgments, remain for seven years.
Of course, the creditor may not re-verify the item, or the credit bureau may not be able to process your dispute within the legally allotted time. If so, the information must be deleted. This is one method used to, in a sense, erase bad credit. You have the right to do your own credit repair, but it may take a great deal of time. The process certainly requires patience and persistence. For those who do not wish to commit themselves to such a project to erase bad credit, there are credit repair seminars, attorneys, and software.