How many years back do the 3 credit reporting agency's go back in your credit history in calculating credit scores? For example if a credit card from 11 years ago is still listed on my equifax report today can I ask it to be removed given it is greater than 10 years ago?
2007-09-13 19:00:43 · 3 answers · asked by BillRice 1 in Business & Finance ➔ Personal Finance
Negatives fall off your credit report in 7 years. Things have less impact on your score as the get older.
If the credit card isn't a negative, it doesn't hurt your score. Actually that 11 year history probably adds to your score.
2007-09-13 19:19:56 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋
# Equifax, Experian and TransUnion: These three credit reporting agencies determine the credit worthiness of people in USA by making credit ratings for them.
# Every person can receive one copy of credit report from each of the these credit reporting agencies absolutely free of cost.
# To obtain free credit reports, a person needs to log in to the website www.annualcreditreport.com. This is the federal law authorized source to get a free annual credit report.
# Individual credit reporting agencies viz. Experian, Equifax, TransUnion also provide credit report for a fees of about 10$ per report.
# If you have been denied a credit, you can apply for free credit report from these three credit rating agencies.
# The three different credit rating agencies maintain different credit reports and each one of them has to be obtained in order to get a comprehensive picture of your credit report.
# Credit report has 4 different parts: identifying information about the individual, credit history, public records, and inquiries made to the credit file.
# Identifying information includes your name and address, and social security number.
# Credit history includes detailed list of each of the accounts you have and corresponding account numbers( the numbers can be encrypted). The other details shown on credit history will be the date of opening of account, the details of loans you took, total amount of loan, your payment history, the amount you still owe and the status of the account.
# The public records part of your credit card describes the details regarding bankruptcies, judgments, and tax liens. Read more from:http://www.credit-card-gallery.com/article/274,15_facts_everyone_must_know_about_credit_reports
2007-09-16 23:01:26 · answer #2 · answered by alexa dion 3 · 0⤊ 0⤋
yes should be removed after 10 years
2007-09-13 19:08:20 · answer #3 · answered by Nora 7 · 0⤊ 0⤋