I was at 700 with experian, now I am at 660 due to a collection item recently being applied to the account. I failed to negotiate that when the collection was paid to clear the negative information from my file with the credit aggencies.
With the recent letter I sent to Equifax explaining that the item was closed as they had it as 120 days or more than 4 payment past due they have given me the following message
Rate/Status: At least 120 days or more than four payments past due
Narrative Code 1 changed to: CONSUMER DISPUTES - REINVESTIGATION IN PROGRESS
Narrative Code 2 changed to: COLLECTION ACCOUNT
Will this possibly increase my LOW score.
Also transunion have this collection maked as Automated account in the status section - what does that mean....
Thanks in advance..
Richard