@GA8080 wrote:
2 years ago, my mortgage was sold to another company. I was 30 days late the month it sold and it is marked as such on my credit report. That payment went to the new serviced and I have never been late since it was sold. The old tradeline shows the following under status for each of the 3 CRAs:
STATUS
Not more than two payments past due
30 days past due
Account transferred to another office
Does this status line affect my score? I am current with the transferred loan and the payment that was 30 days late that last month is no longer due. Shouldn't they all say "Account transferred to another office"? The Condition line says closed on all 3.
A single 30 day late tends to affect Fico for 2 years. If you made that payment on time to the new servicer you should get a statement from them to that effect and send it to the old servicer with request to remove that late info as it was not late. Depends on the CRAs system if they can note transferred to another lender, as long as its closed that is what really matters.
