HOW LONG DOES NEGATIVE INFORMATION STAY ON MY CREDIT REPORT?

Generally, negative credit information stays on your credit report for seven years. If you have filed for personal bankruptcy, that event will stay on your report for ten. Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer.

What can I do if I am denied credit, insurance, or employment because of something in my credit report? What can I do if I receive less favorable credit terms than other consumers because of something in my credit report?

If you are denied credit, insurance, or employment — or some other adverse action is taken against you, such as lowering your credit limit on a credit card account because of information in your credit report — the lender, insurance company, or employer must notify you and provide you with the name, address, and phone number of the credit bureau that provided the report used to make the decision. You can get a free credit report from this credit bureau if you request it within sixty days after receiving the notice. This free report is in addition to your annual free report.