Your personal data is stored at the credit bureau (often referred to as a credit bureau entry), you want to order a credit bureau credit rating for your landlord at a reduced price or you just want maximum transparency of your credit bureau information regularly online and without any additional costs. To check whether your credit bureau has incorrect entries or negative information, you can request the information online for free. We talk about the credit bureau, so check your credit bureau entry regularly. However, only on the basis of credit bureau information, which may also include an assessment of their previous behavior (“scoring”) against business partners.
Remove a credit bureau entry
You want a negative entry of the credit bureau removed early? Entries in the credit bureau – in short: credit bureau – are usually cached only for a limited period of time. Easy deletion after one year. For example, if you ask a financial institution for a loan or you want to set up an account with credit bureau, that data will be sent to credit bureau.
However, a disclosure of this information by the credit reference agency does not take place after the expiry of ten days. This positive booking is – unlike the negative book entries of the credit bureau – canceled after twelve months. The credit bureau entry is negative? From the credit bureau you get a negative note if your payment history is uncertain – for example, if you install installments too late (late payment) or not at all (non-payment).
If it comes to an enforcement title or even an application for an oath, the credit bureau will program negative entries. But also a loan canceled by your bank as well as private insolvencies are regarded as a negative credit bureau entry. When will automatic negative entries of the credit bureau be removed? The credit bureau eliminates loans that were repaid three years after their repayment. After three years, the information from the debtor registers of the district courts and the sworn statements will be filed automatically.
If you have offset a goodwill claim in the spring of 2018, the negative entry of the credit bureau will not be extinguished until the cut-off date of January 31, 2022. So far, however, the entry is marked with a completion indicator. In exceptional cases, the negative booking can also be canceled at an early stage, eg if the credit bureau has been evidently canceled by the district or central enforcement court.
Which negative credit bureau entry can be removed early?
For smaller amounts you can order an early cancellation from 2012 onwards. The claim was reported to credit bureau only after the end of the year 2012 in written form. These have settled the claims within six months after the registration with the credit bureau and notified of the credit bureauglubiger as done.
A so-called title claim such as an enforcement title does not exist. You may also request a premature cancellation if you find that allegedly false information has been provided. The wrong assignment of negative features is not uncommon, for example if persons with the same name are listed under the same address. Sometimes the information is outdated or the credit bureau has not removed the entries, although the deadlines have passed.
This can be done online, by phone or by post. Do sample letters exist for the deletion of a credit bureau entry? Consumer protection advises the person concerned to address both credit bureau and its client in writing. If you can prove why certain inputs are faulty, the others usually respond quickly and correct the information, according to the consumer information.
Is it possible to delete claims arising from affidavits? In case of affidavit, you can also request an early cancellation. The creditor must confirm that you have met the claim. They present it to the competent district court, which forwards the change to the credit bureau. To accelerate the deletion process, a so-called cancellation notification should be made by the local court or the central enforcement court.
Send a copy by letter to the credit bureau, what will happen after the deletion order? If it turns out that an entry is faulty, credit bureau must check this and may not forward the information stored so far. How to proceed if incorrect information is not removed?
If the financial institution rejects the revocation of the incorrect information or rejects the credit bureau the deletion of incorrect information, recommends the consumer center Bremen, not to make any concessions. Especially if you have suffered damage from the wrong credit bureau data.