a persons credit report shows late payments made two years ago on a credit card. which of these statements…

a persons credit report shows late payments made two years ago on a credit card. which of these statements is correct? for a fee, the credit - reporting agency can remove the information from the persons credit report. if the information is accurate, it can stay on the persons credit report for up to seven years. negative information will always remain on the persons credit report. the person can remove information that is more than one year old from his credit report.

a persons credit report shows late payments made two years ago on a credit card. which of these statements is correct? for a fee, the credit - reporting agency can remove the information from the persons credit report. if the information is accurate, it can stay on the persons credit report for up to seven years. negative information will always remain on the persons credit report. the person can remove information that is more than one year old from his credit report.

Answer

Brief Explanations:

In general, negative information like late - payments can stay on a credit report for up to seven years. Credit reporting agencies follow specific regulations regarding how long different types of information can remain on a report. The person cannot unilaterally remove accurate negative information before the time limit expires, and negative information does not always remain permanently.

Answer:

If the information is accurate, it can stay on the person's credit report for up to seven years.