Certain pieces of personal
information cannot be in your credit report:
- Medical information (unless you give your
consent).
- Bankruptcy remains on your credit report for
ten years. The only exception is a Chapter 13 bankruptcy that requires you to
make repayments. It remains on your report for seven years.
- Debts (including delinquent child support
payments) that are more than seven years old.
- For California residents, records of arrest,
information, or misdemeanor complaints must be removed after seven years.
But under federal law, records of criminal convictions may remain on a
credit report indefinitely.
- Age, marital status, or race (if the request
is from a current or prospective employer).
Certain kinds of information may
remain on your report indefinitely. If, for example, you are applying for
credit, insurance or employment above the dollar limits noted below, information
can be reported beyond the usual seven to ten year deadlines.
- A credit transaction involving, or which may
be expected to involve, an amount of $150,000 or more.
- Information about a job with a salary of more
than $75,000.
- An application for credit or life insurance
for more than $150,000.
- Tax liens that are not paid.
For additional information on the length of
time that negative information can remain on your credit report, read the �Ask
Max� section of the Experian web site,
www.experian.com/ask_max/deleting_information.html.
Source: Privacy Rights Clearinghouse
These questions and answers are provided for IowaMotors.com users' general information.
Although we make every effort to insure accuracy in the information provided, we cannot make
any guarantees as to this accuracy. We urge you to consult your lawyer, accountant or tax
advisor for specific legal or tax advice.
|
