I paid a utility charge off about 6 months ago. I paid this directly with the utility company as it was never referred to an outside agency. It is currently showing a 0 balance with a 120+ Day Past Due status. Is that a CURRENT status because it reads that way? I would think it would reflect Paid Chargeoff or something along that lines that indicate it is a resolved bad debt. I didn't settle for less, paid the full amount. Copy/Paste below of Score Power info..
Credit AccountVerizon
Status as ofDate opened [?]Date of last activity [?]Account Type [?]Account holder [?]Industry
| Nov, 2012 |
| Apr, 2008 |
| Mar, 2011 |
| Open Account |
| Individual |
| Telephone Companies |
Descriptions [?]
- Paid collection
- Utility
No contact information provided by Equifax
Balance [?] Current Status [?]
Seven year payment history [?]30 days late60 days late90+ days late
| $0 | 120+ days past due |
| 0 times |
| 0 times |
| 0 times |
wrong forum, please move to Understanding Your FICO Score
Follow Up -
When the dispute was placed, it raised my score only 8 points.....
Interestingly though, Verizon opted to i guess remove the the utility trade line and that raised my score one additional point.
So two things:
1) I would've thought a 120 day late would have more impact on a score than 8 points....I guess it's scored differently if a utility?
2) Strange to see my score go up an additional point when the trade line was removed. I didn't notice any differences on anything else.....but i could've missed something and the 1 point was from a rogue change instead.