How long does it take to get something off my credit report that I alread paid?

First, I need to correct SciFiDiva's answer. The issue of the 180 day's was addressed by the Federal Trade Commission and was published as an opinion (see <a href="http://www.ftc.gov/os/statutes/fcra/johnson.htm)" rel="nofollow">http://www.ftc.gov/os/statutes/fcra/john…</a> Section 623(a)(5) requires a creditor that reports a chargeoff to a CRA to notify the agency (within 90 days of reporting the account) of "the month and year of the commencement of the delinquency that immediately preceded" the chargeoff. Section 605(a)(4) provides that the credit bureau may report the chargeoff for seven years. Section 605(c)(1) provides that seven year period begins 180 days from that date. Therefore, there is a conflict within the FCRA law that has differant interpretations. The Commission has ruled that the 180 days does not apply. Therefore, the reporting period for credit reports is 7 years, beginning form the day of the delinquency. Now, to answer this quesiton.... Unless the creditor ...  more