Posted by Bruce Lawson on October 16, 2003 at 12:42:28:
Two of the easiest things to repair on a credit report are late pays and repo’s, therefore if you dispute those lates they must be investigated and 99.9% of the time the creditor can not produce any evidence of those payments that were late. The Fair Credit Reporting Act states “if an inaccuracy is identified and brought to their attention they must delete or correct the information immediately”. Late pays will not be deleted as long as you have an open account but it must be corrected to paying as agreed and never late.
Feel to contact me for any information on credit reporting.