Question about credit reporting?

Question

I was entered into a contractual agreement when I was a minor - now the agreement is on my credit report. Because the law prohibits anyone signing binding agreements with minors - is it possible to get this taken off my credit report?

Answer 1

Not realy. A minor can only void a contract while they are still under the age of maturity (again, usually 18), or for a reasonable time after they have reached that age. If a person does nothing to disaffirm the contract after they stop being a minor, the law can find that they will no longer be able to void the contract



This is why the debt is now listed on your credit report, the contract is valid. If you can prove that you provided proof to the creditor that you were indeed a minor, then they are the ones that have violated the law by accepting the contract. This could be your evidence to have the item removed from your credit report.

If you have this evidence, then submit a written request to have the item removed from your report. Be sure to include any supporting documentation.



Here is a link on how to dispute with the CRA's

http://www.ftc.gov/bcp/menus/consumer/credit/reports.shtm

Download a pdf file regarding how to dispute with CRA's



LEGAL DISCLAIMER: The advice contained herein is for informational purposes only. It is not to be construed as Legal Counsel nor Legal Advice.

Answer 2

If there are errors on your credit rfile, dispute them with the credit bureaus. they'll touch the creditor inquiring for verification. If the creditor does not respond to the credit bureau interior 30 days, the article would be got rid of. There are some 'credit' sites that advise disputing each little thing in the hopes the creditor won't respond and the article gets got rid of. do no longer waste some time attempting this. although if some thing does get got rid of, it incredibly is in all possibility to return the subsequent time the creditor updates to the credit bureau. Disputing expert products ought to get you tagged by means of the credit bureau and you're able to have issues getting genuine errors fastened sooner or later.

Answer 3

Yes, do an online dispute or contact them via telephone and they will help you get it off your credit.