The time frame in which negative information remains on your credit report is determined by the type of information. For example, general, negative credit information will stay on your credit report for seven years, filing for personal bankruptcy will remain on your report for ten years, and any lawsuits or unpaid judgments against you will last for either seven years or until the statute of limitations runs out, whichever is longer.
What to Do When You’re Denied
Applications for credit, insurance policies, or employment can all be denied due to negative information on your credit report. When this happens, it is naturally discouraging, but we can help. Contact 360 Credit Consulting to learn how we can assist you in dealing with less favorable credit terms or increased insurance premiums.
360 Credit Consulting will work with you to contact the lender, insurance company, or employer to make sure that they provided complete and accurate information when submitting their report. To make matters easier, you may obtain a free credit report from the credit bureau that provided the report if you submit your request within 60 days of receiving the notice.
Don’t let time slip away while you do nothing. Contact 360 Credit Consulting to speak with one of our experienced credit professionals to receive the compassionate care that you need. Everyone makes mistakes. We can help you learn how to make better choices in the future as we work together to repair your credit.