open vs. closed, does it help or hurt

[momof2]

TU: 3 open accounts, 6 closed acct, 1 deliq, 3 derog /balances as of 4/7/08 $4020

EX: open accts-2, closed accts-12, deliq-1, derog-5 /balances as of 4/7 $4683

EQ: open accts-2, closed accounts 8, deliq1, derog-2 /balances as of 4/7 $4175

TU i have 5 accounts in good standing & 3 of them are closed

EX 7accts in good standing & 5 of them are closed

EQ 6 accts in good standing & 4 of them are closed

Are the closed accounts in good standing helping or hurting my FICO score?

Also the derog accounts that are being reported only 1 has a balance, the others have been PIF but the credits wont report it as PIF only a $0 balance, how do i get them to correctly report PIF to rid the derog mark?

or will they always stay a derog untill the drop?

Message Edited by momof2 on 04-08-2008 09:40 PM

[fused]

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momof2 wrote:

TU: 3 open accounts, 6 closed acct, 1 deliq, 3 derog /balances as of 4/7/08 $4020

EX: open accts-2, closed accts-12, deliq-1, derog-5 /balances as of 4/7 $4683

EQ: open accts-2, closed accounts 8, deliq1, derog-2 /balances as of 4/7 $4175

TU i have 5 accounts in good standing & 3 of them are closed

EX 7accts in good standing & 5 of them are closed

EQ 6 accts in good standing & 4 of them are closed

Are the closed accounts in good standing helping or hurting my FICO score?

Also the derog accounts that are being reported only 1 has a balance, the others have been PIF but the credits wont report it as PIF only a $0 balance, how do i get them to correctly report PIF to rid the derog mark?

or will they always stay a derog untill the drop?

Message Edited by momof2 on 04-08-2008 09:40 PM

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- closed accounts in good standing, that is $0 balances and ZERO baddies, help FICO scores.

- closed accounts with balances and/or any derogs can be very damaging to FICO scores especially if it's a closed CO with a balance

- derog TLs (not collections) reporting zero balances (PIF) can still damage scores if it reports as a CO with or without lates.

- your goal on any paid derog TL is deletion, GW and hope.