My Verizon account on EQ shows the following (its the only account that I have that is still reporting as late but its PIF)
Verizon WIreless/South
Account Number
Account Type: Open Account
Balance: $0.00
Date Opened: 7/1/07
Account Status: Open (Shouldn't it be closed?)
Past Due: (Left blank)
Payment Status: At least 120 days or more than four payments past due (On other reports it says "Paid, was a collection account or paid after charge off/collection" (Shouldn't EQ report this as "Paid?" Also, is it ok for them to say it was prior collection in payment status?)
High Balance: $109.00
Limit: Blank
Terms: Blank
Comments: Paid Collection
My questions are in orange/reddish text. Basically, shouldn't the account be reported as closed? Shouldn't account payment status be paid? And finally, is it ok to put payment status as "was prior collection?" I'm wondering if this still reporting as a delinquent account is hurting my EQ score.
Agreed. It should be marked as paid/closed. Yes it can say paid collection.
Starting Score: 504
Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Since this is the OC that is posting I would say yes, they can have that status. Start the GW process and see what happens.
Starting Score: 504Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
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