Sigh...the complete system is voluntary
Actually, there is no law anywhere in the country that states that the bureaus have to report anything about anyone. The reality is that the creditors that you have contracted with pay subscriber fees to the bureaus to report the payment history of their clients to establish supposedly uniform points of reference. This is precisely why my company can have derogatory items removed easily. The laws only state that certain items cannot be on your reports "any longer than" a certain time period NOT that it has to be reported at all.
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