General Credit Topics

[ncyjse]

I have many old account some in goodstanding others not that have on Pay status:  Current  ( and I no longer have their card  and some are installment loans.  Is this bad or good for your credit.  Should I dispute the status?

[Tuscani]

Are any derog?

[ncyjse]

Some of them have late payments but not chargeoff or collections. 

[Timothy]

Current is what you want on accounts.

If an account is marked "current" the baddies drop off at 7 years and continues to report as a positive TL

If it is marked with a derog status it will get deleted whe DOFD passes.

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ncyjse wrote:

I have many old account some in goodstanding others not that have on Pay status:  Current  ( and I no longer have their card  and some are installment loans.  Is this bad or good for your credit.  Should I dispute the status?

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[Tuscani]

Have you tried a GW letter?