cancel
Showing results for 
Search instead for 
Did you mean: 

What does this comment mean?

tag
Anonymous
Not applicable

What does this comment mean?

What does this mean (last entry below)?  I have never been late when I had this car loan.  I traded the vehicle in to purchase another one.  Does this statement impact my credit in a negative way?  When will this whole account not show up on my cr anymore?

Thanks all this is truly one of the best websites on the net!

 

MITSUBISHI MOTOR CRE    Equifax TransUnion Experian
Account Type: 
  Installment  Installment  Account Number:   
Payment Responsibility: 
   Individual  Individual  Date Opened:     02/1998  02/1998 
Balance Date: 
   11/2001  11/2001  Balance Amount:     $0    
Monthly Payment: 
         High/Limit:     $30,723  $30,723  Account Status:     As Agreed  As Agreed  Past Due Amount:    $0   $0  
Comments: 
   ACCOUNT CLOSED BY CONSUMER   CONSUMER STATEMENT: 09 ACCOUNT CLOSED BY CONSUMERS REQUEST PAID PAYMENTS MANAGED BY CREDIT COUNSELING SERVICE CURRENT ACCOUNT  
Message 1 of 2
1 REPLY 1
llecs
Moderator Emeritus

Re: What does this comment mean?

There's no negative impact with that comment. So as long as there are no lates, you have a good TL. Assuming you paid it off in 11/2001, it should naturally fall off your CR on 11/2011.
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.