Out of the box question, and im sure it really doesnt matter too much.
I have a trade line reporting a 2k bal, current, and paid as agreed, as an AU.
Though the relationship has since been terminated months ago
It is, however, someway being still calculating in total credit, and total utilization, but not in available. so what is the reasoning?
My several other TL's that are closed, in good standing, do not report as such and do not add into Util like this
Now im not concerned as the account is a good reporting TL, but still question if there are any effects of the way it is reporting?
Here is the TL as reporting to EQ
Current Status: PAYS AS AGREED
Account Owner: Terminated
High Credit: $ 0
Type of Account : Revolving
Credit Limit: $ 2,000
Term Duration:N/A
Terms Frequency: Monthly (due every month)
Date Opened: 09/01/2013
Balance: $0
Months Reviewed: 1
Date of Last Activity: N/A
Date of First Delinquency: N/A
Type of Loan: Credit Card
Now here is my report summary information from Equifax, directly.
For Revolving Accounts--
Total Revolving Open Accounts = 8 (really, it should be 7, it is including the terminated account above)
Total Blance on Revolving Accounts =$1,754 ( this IS accurace)
Total Available Credit = $446 ( this is also accurate)
Total Credit Limit = $4,200 ( this is not accurate, thus including the closed 2k bal I was AU on)
Credit Utilization = 80 % ( this is accurate)
Total Utilization = 42% (this is innacurate)
Whats the deal? Please advise
Really confused here..
