There are a wide range of items that can potentially damage your credit score. While you most likely realize that you can have errors removed from your credit report, you should also be aware that there are certain items that can also be removed even if they’re not erroneous.
Los Angeles credit reporting attorney Howard Silver recommends that you review a copy of your credit report periodically to make sure all of the information is correct. If you see any of the following 5 items on your credit report, you can request to have them removed:
- Authorized users – It’s common to have your significant other or spouse listed as an authorized user on your accounts (or vice versa). However, after a breakup or divorce, you should request that these lenders remove you from your ex’s accounts, and you should have your ex removed from your accounts. Once you are removed from your ex’s account, make sure this is reflected on your credit report. This is especially important if your ex has bad credit.
- Collection accounts – Often, collection agencies won’t have the proper documentation or authorization to collect on your debts. Anytime a collection agency contacts you about a debt, you should ask them to prove that you owe the amount of money they are trying to collect. If they’re unable to do so, you can request that the collections account be removed from your credit report.
- Past-due accounts older than 7 years – Under the Fair Credit Reporting Act, past-due or negative accounts can’t be listed on your credit report for more than 7 years from the date the account became delinquent. Any accounts older than 7 years can be removed from your report.
- Court judgments – If you’ve been involved in a lawsuit for nonpayment of debt and a judgment was issued in that lawsuit, you may be able to have the judgment removed from your credit report before the 7 year time period has elapsed if the judgment was satisfied (resolved) or vacated (invalidated).
- Hard inquiries – When you apply for credit, the potential lender initiates a hard inquiry to the major credit bureaus. These hard inquiries can negatively impact your credit, especially when you receive several in a short period of time. If you didn’t authorize the hard inquiry (in other words, if you didn’t apply for credit with the lender who made the inquiry), you can request that it be removed from your credit report.
Mr. Silver has more than 25 years of experience handling credit reporting issues for individuals in the Los Angeles area. If you have a dispute regarding information listed on your credit report, Mr. Silver can help you resolve the issue.
Please contact the Law Offices of Howard D. Silver by email or call (855) 341-2611 today to schedule a free credit reporting consultation. Mr. Silver serves clients in Los Angeles, Riverside, Ventura, and San Bernardino Counties, and throughout California.