Several people are confused about the exact period of time that negative information actually appears on these reports. Negative information such as late payments, as well as charge offs, usually drop from the consumer report after a time span of seven years. However there are certain trade lines such as bankruptcy that may remain on the report for a time span of ten years, and when you apply for huge loan or even for high-paying work during this time period, the credit bureaus will not remove it. All about the credit report It is vital to remember that this kind of report indicates your relationship with your creditors. In fact, it consists of details of accounts such as mortgage, loan programs, records of judgments of courts against you, and so on. The listing on this kind of report tells to the prospective creditors whenever you have opened up accounts, the total size of balance as well as repayment details and what more. For credit repair in Houston, it is advisable that you should consult a proficient attorney as quickly as possible. Reporting time frame While your records of excellent financial behavior, like initiating minimum on-time payment, may be displayed on the report for a long period of time, there is limit on the specific time your negative details can stay on the report. Negative information such as late payment are shown on the report for seven years, while the creditors and debt collection agencies may even report about these charged-off credit accounts for seven years, plus one hundred and eighty days immediately after this type of account became delinquent. Public record seems to be a different issue. Most bureaus may report bankruptcies for at least ten years though few often prefer to show it for at least seven years. In fact, details of paid judgments may stay on report for at least seven years, and this kind of report also shows off tax liens till you actually repay the money. If you do so, they even remain on the report for another seven long years. Deleting negative details You have every right to dispute inaccurate or any negative detail that actually appears on it. You can also take the help of an expert credit repair attorney without any kind of delay. Under Federal Fair Credit Reporting Act, you may write to these bureaus to request they make a reasonable investigation into information surrounding your dispute. If they are unable to verify the information, then it should be removed as soon as possible. If negative information on report seems to be accurate, then you are probably best off waiting the time period for the negative information to drop off. Few debt collectors will remove a negative tradeline, even if it is accurate. Whenever you owe money on account that is charged-off, then you can negotiate deletion of account from this type of report in return of paying whatever you owe.