DebtClear

Credit Repair Credit Repair

What Is a Credit Report?

How Negative Information Gets on Your Credit Report

All the information on your credit report is supplied to the credit bureaus by your lenders, employers, bill collectors, courts, public utilities, and anyone else who supplies you credit.

The Fair and Accurate Credit Transactions Act (FACT Act) requires that you be notified if negative information about you is reported to a credit bureau. Your creditor (or third-party debt collector) must send you a one-time notice either before, or no later than 30 days after, negative information (late payments, missed payments, partial payments, or other defaults) is given to a credit bureau. This notification rarely happens and can be a factor in your favor in some of our debt relief and lawsuit strategies.

> How Long Does Information Stay on Your Credit Report?