Is It Possible to Delete Negative Information from Your Credit Report?

It is not possible to delete negative information from your credit report if it is accurate.  Only the negative information that has found its way on your credit report due to an error or due to the fact that it needs to be updated, can be removed by following the process of filing a dispute with the credit bureau. You can also get in touch directly with the lender who has been reporting incorrect information to first to get him to update the information in the next billing cycle.  The rule of the thumb is that negative information stays on your credit report for repeated of seven years from the date that it is first reported.
However paid and closed accounts that have no negative history of late payments will remain on your credit report for a period of 10 years. This is an effort to maintain positive information on your credit report for a longer period of time so as to benefit you in the long one.
As for the negative information that is accurate you can only wait for it to be deleted from your credit report in the due course of time.  It is important that in the meantime you continue to build your credit history by having other positive data reported to it.  Continue the use of credit responsibly.  In due time when the negative information has been deleted from your credit report you will only have the positive information influencing your credit rating.

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