No one can make any of the credit reporting agencies delete timely, accurate information. However, the Fair Credit Reporting Act has provisions to force the credit bureau to remove dated, erroneous, or false information, which can substantially improve a credit score.
In most cases, the credit reporting agencies may not report negative information about most credit accounts, even if it is truthful, for more than seven years. Some exceptions to the 7 year rule include: bankruptcy, criminal convictions, information in response to jobs with annual salaries over $75,000 or for credit or life insurance over $150,000 and others. Positive information, such as accounts paid as agreed, generally remain on the credit report for up to 10 years. Unpaid tax liens may remain on a credit report indefinitely.
The credit reporting agencies may not report incorrect, derogatory information. The time for reporting debt under the 7 year rule usually begins to run when the account first became past due.
For more information on disputing false information on a credit report, see Correcting Your Credit Report.