Reply
Regular Contributor
ccb2115
Posts: 190
Registered: ‎11-23-2011
0

Question Regarding KD/CO (KEY DEROGATORY) On EX Report

Hi All,

 

So I have a charged-off Macy's account reporting to all three credit bureaus. The last late on the account that was reported was almost 4 years ago. I decided to pay this off last year on June 2011. 

 

So here's my quesiton. On my EX Report, it says that on June 2011 there was a CO. Then on July 2011 there was a CLS (Closed?).  Before then it says No Data up until Nov 2008. Then on Nov 2008 it says CO, then before that the 180 days late, etc.  Is this correct? Is that KD/CO on June 2011 affecting my score because its on there for JUNE 2011 and also Nov 2011. Shouldn't it only be on the month it was charged off? Or, is this accurately  reporting? Thanks!! 

My Wallet: Amex PRG, Amex ZYNC, Amex BCE: 1k, Barclays iTunes: 1.2k, Discover IT: 5k, Citi Diamond: 1.8k, Capital One Secured: 600
Regular Contributor
ccb2115
Posts: 190
Registered: ‎11-23-2011
0

Re: Question Regarding KD/CO (KEY DEROGATORY) On EX Report

Even below  the "calendar", it says "Charged off as of June 2011, November 2008". Does that even make sense? 

My Wallet: Amex PRG, Amex ZYNC, Amex BCE: 1k, Barclays iTunes: 1.2k, Discover IT: 5k, Citi Diamond: 1.8k, Capital One Secured: 600
Moderator
MarineVietVet
Posts: 14,945
Registered: ‎07-14-2009
0

Re: Question Regarding KD/CO (KEY DEROGATORY) On EX Report

Locking the thread. The same questions are asked here.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}