Luckily, there are set time frames for how long information remains on a credit report. In general, information more than seven years old from the date of last activity (ten years for bankruptcies) must be removed from file.

Credit bureaus get information from creditors, such as a bank, credit card issuer, or auto finance company.

It is not easy to fix a bad credit score, as serious payment information stays on the credit history for 7 to 10 years. The impact of information lessens slowly over time as positive information such as regular payment history and low utilization percentage accumulate in ones credit history. Inquiring for credit too many times will reduce the credi