Bankruptcy information can be reported for
Information reported because of an
application for a job with a salary of more
than $75,000 has no time limitations.
Information concerning a lawsuit or a
judgment against you can be reported for
seven years or until the statute of limitations
runs out, whichever is longer.
Default information concerning U.S.
Government insured or guaranteed student
loans can be reported for seven years after
Information about criminal convictions has
no time limit.
Credit information reported because of an
application for more than $150,000 worth of
credit or life insurance has no time limit.
Improve your credit score
A credit score influences the credit
that’s available to you and the terms
that lenders offer you. It is a vital part of
your credit health. Scores range from
550 to 720. The Fair Isaac Company
(FICO) developed the FICO credit
score as a method of determining the
likelihood that credit users will pay their bills.
Improving your FICO score can help you:
Get better credit offers
Lower your interest rates
Speed up credit approvals
How is my FICO score determined?
Credit scoring models are complex and often vary
among creditors and for different types of credit. If
one factor changes your score may change – but
You can help yourself to rebuild a better credit record.
If you are having trouble paying
a bill, talk to your creditor and
make arrangements. It is
important to make realistic
arrangements so you are able
to follow through with your
agreement. Document all
conversations with dates, times and who you
2. Get a copy of your credit report. You may be
eligible for a free report or you may have to pay up
to $9 for a copy of one report. There are three
separate reports generated by the following credit
Equifax, 1800-685-1111 www.equifax
Experian 1-888-397-3742 www.experi