Here’s one from, I need my reading glasses but I’m gonna try, this is one from Credit Protection Association. Dear Mr. So and So, I’m writing in reference to your correspondence of “date” please be advised that this account was closed on such and such additionally, a deletion request was sent to the National Credit Reporting Bureaus. Please allow 3-4 weeks for this deletion to be reflected on your credit report. If I can be of any further assistance, oh really? Please don’t hesitate to contact me. Well, ya know, this is a creditor who was paid. Are they obligated to remove the credit reporting after they’ve been paid? No they’re not. Might they? They might! Are they not supposed to?
So here’s a little secret that I want to tell you. You might be on the phone one day with, I don’t know, I’ll pick on J.C. Penny, and you say, “Hey I’m concerned about my credit reporting” and they say, “Oh, I’m sorry. I’m so sorry, Sandra… Bob… I’m sorry but that has to stay on your credit report for seven years.” Well you’re talking to a well meaning, but not very well informed customer service rep at that point. Because there is no mandatory maximum credit reporting period. So guess what? The creditors can remove their credit reporting at their discretion at any time.