Can Disputing Information On My Credit Report Backfire
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I received the following question from a Minter regarding disputing information on his credit report.
“John, I have a negative item on two of my credit reports that is scheduled to come off in just under 2 years, December 2015.
I would like it to be off by June 2014 because I’d like to open a few accounts to use for my business.
If I am not successful having the item removed early is it possible that disputing the item could cause it to remain on my credit reports longer than December 2015?”
What the Minter is asking, in layman’s terms, is whether or not disputing information on your credit reports can accidentally cause it to remain on your credit reports longer than allowed by law.
It’s a fair question due to a problem referred to as “re-aging.”
Re-aging is when the “purge from” date associated with a negative credit report entry is inadvertently changed to be more recent, thus causing the item to remain on the credit report longer for a longer period of time.
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