Trying to find out 2 things....First is this debt hurting my utilization, and would it just be to my advantage to go ahead and pay to settle the balance.......
Status as ofDate opened [?]Date of last activity [?]Largest past balance [?]Account Type [?]Account holder [?]Industry
| Aug, 2012 |
| Feb, 2008 |
| Jun, 2007 |
| $622 |
| Open Account |
| Individual |
| Factoring Companies |
Descriptions [?]
- Consumer disputes this account information
- Collection account
No contact information provided by Equifax
Balance [?] Current Status [?] Past Due Amount [?]
Seven year payment history [?]30 days late60 days late90+ days late
| $794 | 120+ days past due | $794 |
| 0 times |
| 0 times |
| 0 times |
Starting Score: 7/12 545 EX (PSECU)bump
First off, it is reporting incorrectly. This is a CA that has coded itself as a Factoring Agent. Otherwise they would not be able to list as they do. IE Open Account, listing key derogatories. There's no date of DOFD, just a DOLA. I would find out the DOFD of the account and see if it is within the SOL of your state. This may give you a little advantage when settling with them. Maybe a PFD could be negotiated.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
I'm assuming it is hurting my utilization received a denial letter due to excessive high revolving limit.....Which is funny I have nothing else on my report, but this account. I have 1 CC for the past 5 months that is always PIF before statement cut, and never close to limit.
Shogun, the account is the infamous Tribute CC. I currently have complaints filed with the State AG, FTC, FDIC, and Pennsylvania Banking Dept. The CC should have never been reported due to the lawsuit, and by clear definition of CA and "Factoring Company" they are in clear violation, and it's amazing how blind eyed the CRA are to this stuff.....The SOL is well past, so not concerned at all about being sued by them.....Just figuring it is hurting my utilization, when in reality it should have no bearing.