Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
Katola

2 Contributions
1 Person Helped
Is it possible to clear very old missed payments from your credit report?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
179 Contributions
332 People Helped
Most Helpful Response

Try this:

Helpful to 2 out of 2 people

1) Fix Errors on Your Credit Report - if the items are incorrect, or out dated (past seven years), you can write directly to the credit bureaus and request them to investigate.

2) Negotiate to Get Valid Derogatory Marks Taken Off - you can write and ask the creditor for a "goodwill adjustment" or even try to negotiate removal of the negative information with some sort of repayment plan.  Just understand that reporting creditors do not have to remove negative information, and most will not under any circumstance.  But you never know unless you try.

3) Time - as already stated by others, there's not much you 'can' do with negative information already reported to the credit bureaus.  So in the case where nothing else works, 7 years is the limit on closed accounts with negative remarks and most fall off automatically.  Just be sure to watch and make sure they do.

Top Contributor
7344 Contributions
3805 People Helped

Can you change history?

The payments were missed and you can't go back in time to "un-miss" them.  It is just a part of credit history that will eventually drop off.  It just takes 7 years for that to happen.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.