Is it possible to erase derogatory credit and create a perfect credit score within 30 days?

According to Shane Romig at (2013); the simple truth is that no one can legally remove accurate negative information from a credit report. Credit reporting agencies are obligated under the Fair Credit Reporting Act (FCRA) to correct or delete inaccurate, incomplete, or unverifiable information, usually within 30 days. They are not required to remove accurate information unless it is more than seven years old (or bankruptcies that are over ten years old).

In other words, if you have created a negative credit profile due to loss of employment, spouse, sickness, or whatever the unfortunate life event may be; bad credit cannot be converted to good credit by osmosis. However, you can begin the process of cleaning up your credit by obtaining your credit reports from all three credit repositories (TransUnion, Experian and Equifax) and dispute whatever debt is not yours. Remember there is always a process to cleaning up your credit profile and during that process, time is a very important factor.


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