There are marketing materials that refer to the Credit Reporting Agency as being able to remove or amend items such as: bankruptcies, foreclosures, charge offs, tax liens, collections, and late or past due payments. How do they accomplish this if the item being reported did in fact happen?
A. If an item appears on someone’s credit report, and it is accurate and verifiable, then the credit reporting agencies cannot, and should not, remove it. Your third party is there to help you get the inaccurate, erroneous or obsolete items corrected or removed. However, there is a due diligence method of verification that all creditors must follow. If credit is reported in an incorrect manner, that is considered erroneous.
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