How Long Can Negative Items Stay On Your Credit Report?

Updates from Answers.USA.Gov reports:

"Length of Time Negative Items Stay on a Credit Report"

It's important to know how credit reports work.
It still holds true: If the information in a credit report is accurate, the only way to have it removed is the passage of time. There is no way to avoid the fact that negative information can generally stay on your report for seven years. There are some exceptions, namely:

• Information about criminal convictions may be reported without any time limitation.
• Bankruptcy information may be reported for 10 years.
• Credit information reported in response to an application for a job with a salary of more than $75,000 has no time limit.
• Credit information reported because of an application for more than $150,000 worth of credit or life insurance has no time limit.
• 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.

More information on how to fix your credit report can be found free at FindHow2.com .