Remove Collections

  Collection notices on your credit report can be quite troublesome when it comes to receiving any kind of new bank loan or credit card. If payments on any loan fall delinquent for more than 180 days, the lender can report the account to the credit score agencies as under collection and that status will be added to your credit report.   Wait for Statute of Limitations to Expire Unless resolved, a collection status will remain on your credit report for a full 7 years from the date it was initially reported. Once the 7 years are up and the statute of limitations expires, the debt has to be legally dropped from all records and the collector can no longer … Continue reading →