Credit report - Free online credit report - Online credit report - Credit report repair - Free credit report - Credit bureau report - Consumer credit report

Legal forms service online by Legal Helpmate Legal Document Preparation Service legal document service online by Legal Helpmate
  legal information   LEGAL INFORMATION
  legal dictionary   LEGAL DICTIONARY
  Lawyer Directory   LAWYER DIRECTORY

Free Credit report, Negative Credit Report Information



Free credit report   Credit Report
Power of Attorney   Power of Attorney
Health Care Directive   Health Care Directive
Revocable Living Will   Living Will
Prenuptial Agreement   Prenuptial Agreement
Revocable Living Trust   Living Trust
Bill of Sale Forms   Bill of Sale
Promissory Note Forms   Promissory Note
Divorce Online Divorce Forms   Divorce Online
Immigration Forms   Immigration Forms

menu item


menu item   Legal Dictionary
Find a lawyer   Find a Lawyer or Law Firm
Find a lawyer   Law Books
Legal news and crime stories   Legal News & Crime Stories 
government forms   Government Forms & Docs
Legal discussion board   Discussion Board
Legal RSS / ATOM Feeds   Legal RSS / ATOM Feeds
My Shopping Cart   Log in to your account
Credit Report and Score<br>Related Legal Information  

Credit Report and Score
Related Legal Information

To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you


Negative Credit Report Information.

A Credit Report agency keeps negative Credit Report information for seven years. How-ever, there are certain exceptions: 1.Information about criminal convictions may be reported without any time limitation. 2.Bankruptcy information may be reported for 10 years. 3.Information reported in response to an application for a job with a salary of more than $75,000 has no time limit. 4.Information reported because of an application for more than $150,000 worth of credit or life insurance has no time limit. 5. 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.
The information contained on your Credit Report, however, may be given only to people with a legitimate business need, as recognized by the Federal Credit Reporting Act. For example, a company is allowed to get your Credit Report if you apply for credit, insurance, employment, or to rent an apartment.
Note that creditors and insurers may use Credit Report information as a basis for sending you unsolicited offers. These offers must include a toll-free number for you to call if you want to remove your name and address from lists for two years; completing a form that the Credit Report agency provides for this purpose will keep your name off the lists per-manently.
Note also that you have a right to sue a Credit Report agency, a user or a provider of CRA data, in state or federal court for most violations of the Federal Credit Reporting Act. If you win, the defendant will have to pay damages and reimburse you for attorney fees to the extent ordered by the court.
Another important credit law is that if your credit application was denied, the Equal Credit Opportunity Act requires creditors to specify why, if you ask. For example, the creditor must tell you whether you were denied because you have "no credit file" with a Credit Report agency or because the Credit Report agency says you have "delinquent obliga-tions." The ECOA also requires creditors to consider additional information you might supply about your credit history. You may want to find out why the creditor denied your application before you contact the Credit Report agency.
  Return to all Credit Report legal information
Legal Articles about Credit Report
Credit Report Frequently Asked Questions   Start to work under Free Credit report, Negative Credit Report Information


Credit report correction techniques  

Credit report correction techniques

Many times the credit bureau is busy and does not handle your dispute properly ...
Basic rights under The Fair Credit Reporting Act  

Basic rights under The Fair Credit Reporting Act

All Federal Laws are in consumer's favor and you will have the advantage ...
Credit scoring and the lending industry  

Credit Scoring and the Lending Industry

Credit scoring is crucial to your ability to get a loan. When you apply for a mortgage, your lender ...

Keep it good: Understand credit repair

Does someone simply erase all the negative things from an individual's credit history? ... What's more, these companies aren't allowed to make alterations to the information that appears on your personal statements. ... So, you've got bad credit ...
Keep it good: Understand credit repair

Betty Lin-Fisher: It's important to check your credit reports

Akron Beacon Journal
With the mess surrounding last month's huge data breach at Equifax, in which more than half of the U.S. population's Social Security numbers and other sensitive information were hacked, I asked Russell about the importance of checking your credit...
Betty Lin-Fisher: It's important to check your credit reports