KOHLS reporting question.

Anonymous · ‎09-08-2015

Hi there!

I am in the process of paying off all my baddies one of them being Kohls. I made a deal with Kohls that I would PIF they lower the balance to $360 and they agreed. I just saw my credit report and they reported as "paid as agreed" however its says payement recieved $0. Shouldn't it say I paid $360? Here is a copy what they reported.

Balance:	$0
Date Updated:	07/23/2015
Payment Received:	$0
Last Payment Made:	07/23/2015
High Balance:	$496
Credit Limit:	$300

Pay Status:	Current; Paid or Paying as Agreed
Terms:	Paid Monthly
Date Closed:	05/07/2015
Date Paid:	07/23/2015

titanofold · ‎09-08-2015

Oh, hey, that looks pretty good to me. It looks like you're the one who closed the account, which is significantly better than the lender closing the account.

Because it's a revolving account and is closed, there's no payment data to be recorded or reported. You reached $0.

Scores	2013-09-21	Current
Equifax	630 (LP)	755 (CK)/749 (Quizzle)
Experian	640 (FCR)	FICO 707 (Amex)
TransUnion	588 (CK)	FICO 754 (Barclaycard)

Anonymous · ‎09-08-2015

hmmm maybe I should just leave it alone since they are the ones that actually closed the account...

gdale6 · ‎09-08-2015

I would just walk away from this one its a closed positive with no derogs that will remain on file for up to 10 yrs post close.

Anonymous · ‎09-08-2015

Balance is $0 and no derogs - thats all that matters.