Removing Outdated Information From Your Credit File
Besides errors or inaccurate information on your credit report, you may also have a lower credit score due to outdated information on your credit report.
A trade-line or item, is supposed to be removed or fall off of your credit report 7 years from the date that it was last reported. However, will often remain, having a negative impact on your credit score if you had a less than perfect payment history with that particular line of credit.
Old or outdated trade-lines are by far the easiest to have removed and all it takes is having the right letter containing accurate info. I always recommend that consumers go with a reliable and proven credit repair program that they can do on their own. You should NEVER pay someone else to remove items from your credit as they cannot do anything for you that you cannot do yourself and nobody cares about your credit more than you do. The only expert that you need is YOU!
The most important part is that the letter contain the statutes of the Fair Credit Reporting Act that pertain to your situation and be worded correctly. You can find templates for this and other letters in do-it -yourself programs designed to guide you through the process.