Negative items will remain on your credit report for 7 years. In the case of bankruptcy, the time can be up to ten years. You do have the right, under the law, to correct any information on your credit report which you feel is incorrect. This is done by filing a dispute with the appropriate credit bureau to have the item in question investigated. The credit bureau has 30 days to conduct the investigation and, either validate the information, or remove it from your credit files. While the law gives you the right to submit a dispute for any items that you feel are incorrect, the disputes should not be frivolous or unfounded. For more information on how the credit dispute process works, you can go to the "Make Sure Your Credit is Accurate" section on CreditLearningCenter.com.
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Negative items will remain on your credit report for 7 years. In the case of bankruptcy, the time can be up to ten years. You do have the right, under the law, to correct any information on your credit report which you feel is incorrect. This is done by filing a dispute with the appropriate credit bureau to have the item in question investigated. The credit bureau has 30 days to conduct the investigation and, either validate the information, or remove it from your credit files. While the law gives you the right to submit a dispute for any items that you feel are incorrect, the disputes should not be frivolous or unfounded. For more information on how the credit dispute process works, you can go to the "Make Sure Your Credit is Accurate" section on CreditLearningCenter.com.