How is this not reporting as negative?

[johnwantsahouse]

Anyone know why this isn't showing as negative on my report? It doesn't have a flag and on the account tab, it's not identified as a negative item. 

Credit AccountPortfolio

Status as of	Apr, 2009
Date opened [?]	Jul, 2007
Date of last activity [?]	Jul, 2006
Largest past balance [?]	$604
Account Type [?]	Open Account
Account holder [?]	Individual
Industry	Factoring Companies

Descriptions [?]

• Consumer disputes this account information
• Collection account

No contact information provided by Equifax

Balance [?]	Current Status [?]	Past Due Amount [?]
$662	120+ days past due	$662

Seven year payment history [?]

30 days late	0 times
60 days late	0 times
90+ days late	0 times

Worst Delinquency [?]

None Reported

[llecs]

Because of this comment:

• Consumer disputes this account information

[johnwantsahouse]

Makes sense.  Thank you!

[llecs]

And I'll add that a dispute comment has no impact on a CA...however, some CAs report and mimic OCs, as it appears this one is doing. It might even be miscoded as an OC vs. CA which supports the no-red-flag issue. IMO, I wouldn't want it moved or fully scored as a CA, but I would DV then PFD.

[johnwantsahouse]

Thank you! I was wondering if I should DV or wait for it to fall off.  I think I will take your advice.

[johnwantsahouse]

One more question if you don't mind.  I actually got a Capital One a few weeks ago unsecured.  If I DV, will it risk loosing the new card?

[llecs]

I don't see how. Your DV would go to a CA unrelated to CapOne and CapOne wouldn't know about the DV.