Hi. Thanks for taking the time to read this. I pulled my TU fico from here last month and it made sense and I had no issues with it. Tonight I pulled my EQ and well I am lost.
Here are my issues. First it is telling me I have very short credit history. Well my oldest account it 15 years and Avg age of my accounts are 8 Years old. What gives?? My TU was just fine and scored me well. Next it is saying that I have multiple lates as well. I had an account that was charged off in June of 2007. Well its saying that I have been late 90 days late 25 times??? Another account that was a CO in Feb. of 2007 says I have been late 90 days 16 times? My TU report just says CO on both those accounts.
One last issue I have is one of the accounts that was a CO in 2007 is saying that two of the 90 days were from 2010. Can they keep putting 90 days on my report after a CO? Also this is telling me my last late payment was just over two years ago. When it should be back in 2007.
One other thing is I looked at my EQ report today. Everything looks normal and reporting correctly. On the other hand my fico score report has a mind of its own.
Would all these errors on my EQ Fico report cause my score to be lower?
The short history comment is based off your credit and scoring bucket. Compared to others with a similar history your history is shorter than others. I bet this is a neg. comment based in the 3rd or 4th slot on your FICO report, right? I'd focus on the #1 and #2 neg. comment.
The lates are normal. When you have an acct go bad, you'll see a 30,60,90, etc. late and eventually it'll charge-off. Onc it is CO'd, they can continue to add interest and add monthly lates. This will continue up to the point it is paid or sold.