Collections will remain reported for 7 year once listed on your credit report. Having a collection on your report will damage your credit score and reduce the likelihood of you being approved for:
This should make removing collections from your credit report a top priority for any debtor.
The following approaches can be used when attempting to remove a collections item from your credit report:
The Fair Credit Reporting Act (FCRA) permits consumers to dispute any collection account on your credit report. Disputing the collections won’t damage your credit score either. The following instances would have a higher likelihood of being disputed than legitimate debts:
Review your credit report regularly to ensure you dispute any incorrect items like collections as soon as possible. You can consult credit repair specialists Credit Sage to solve all your credit disputes on your behalf.
Speak with a live credit specialist for your free consultation, now