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Frequent Contributor
Posts: 491
Registered: ‎06-26-2007
0

Can this be hurting me?

Credit AccountCredit Account Pnc Bank Status as of October 2000
Date opened [?] Nov, 1996 Date of last payment [?] Oct, 2000 Account number [?] Largest past balance [?] $15,768 Terms [?] (66 Months) Credit Type [?] Installment Account holder [?] Shared
Descriptions [?]
  • Redeemed repossession
  • Paid account / zero balance

No contact information provided by Equifax

Balance [?] Current Status [?] Past Due Amount [?] $0 OK Not on Record Seven year payment history [?] 30 days late 0 times 60 days late 0 times 90+ days late 0 times

 

this is showing as paid redeemed repossion. But by law it has been 7 years shouldn't this be completely removed and is it hurting my score?

01/31/2008 EX 502 EQ 466 TU 481
3/14/2008 EX 578 EQ 539 TU 543
4/16/2008 EX 622 EQ 532 TU 578
5/19/2008 EX 604 EQ 591 TU 592
1/1/2009 EQ 625 EX 576 TU 569
02/13/2009 EQ 648 EX 617 TU 590
09/28/2009 EQ 568 TU 591
Thanks to all Fico supporters for your encouragement and advice
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Can this be hurting me?

I don't think it is hurting you.
 
Senior Contributor
Posts: 4,831
Registered: ‎04-20-2007
0

Re: Can this be hurting me?

Looks like October is 7 years unless I'm reading the date of last activity incorrectly.
Frequent Contributor
Posts: 440
Registered: ‎06-11-2007
0

Re: Can this be hurting me?



bott6698 wrote:
Credit AccountCredit Account Pnc Bank Status as of October 2000
Date opened [?] Nov, 1996 Date of last payment [?] Oct, 2000 Account number [?] Largest past balance [?] $15,768 Terms [?] (66 Months) Credit Type [?] Installment Account holder [?] Shared
Descriptions [?]
  • Redeemed repossession
  • Paid account / zero balance

No contact information provided by Equifax

Balance [?] Current Status [?] Past Due Amount [?] $0 OK Not on Record Seven year payment history [?] 30 days late 0 times 60 days late 0 times 90+ days late 0 times

 

this is showing as paid redeemed repossion. But by law it has been 7 years shouldn't this be completely removed and is it hurting my score?



It wont be 7 years until October 2007
Frequent Contributor
Posts: 491
Registered: ‎06-26-2007
0

Re: Can this be hurting me?

ya you guys are right so this should just fall off completely october 2007 then right? And does anyone think will help my score and won't even matter?
01/31/2008 EX 502 EQ 466 TU 481
3/14/2008 EX 578 EQ 539 TU 543
4/16/2008 EX 622 EQ 532 TU 578
5/19/2008 EX 604 EQ 591 TU 592
1/1/2009 EQ 625 EX 576 TU 569
02/13/2009 EQ 648 EX 617 TU 590
09/28/2009 EQ 568 TU 591
Thanks to all Fico supporters for your encouragement and advice
Senior Contributor
Posts: 4,831
Registered: ‎04-20-2007
0

Re: Can this be hurting me?

It all depends. Getting a baddie off only helps in the long run.
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Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Can this be hurting me?

A redeemed reposession isn't too terribly bad, certainly not so bad as an actual reposession. But nonetheless, it is impacting your score.
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