Positive or neutral information can stay on your credit reports indefinitely Experian, for example, no longer reports accounts that are more than ten years old if the account is closed and there is no activity on it. Accounts such as credit cards and mortgages can stay on a credit report for many years if they are open and active. With negative information, however, federal law limits how long that information may be reported: · Chapter 7 Bankruptcies – These wi ..

Credit scores are complex statistical models for predicting credit risk. While there is no guaranteed way to improve a business credit score, here are a few steps you can take to ensure that your business credit report reflects the best scores possible for your situation. Check your business credit report regularly and verify that the information in it is accurate and up-to-date. Establish business credit with companies that report trades. Remember, not all business creditors repo ..