Directly behind the bale of stamps, is a crate containing a statue of William Pitt, Grenville's archenemy in the Stamp Act controversy.
You have the right to dispute mistakes on your reports under a federal law, the Fair Credit Reporting Act. If you ask for an investigation, the CRA or creditor who receives your dispute must investigate and respond within 30 days in most cases.
Youâre dealing with two different time limits here â a statute of limitations (how long you are legally obligated to pay the bill) and how long the credit bureaus can report it (seven years and 180 days after the original account went late). You can find more information here: Does Your Old Debt Have an Expiration Date?