What does "current closed" mean at freecreditreport.com?

[JasonBourneOfCredit]

NATIONAL CREDIT SYSTEM

Current Closed

404-629-9595 

Mailing Address: 3750 NATURALLY FRESH BLV ATLANTA, GA 30349

More Account Details

     

  Account Name NATIONAL CREDIT SYSTEM    

Account # 116XXXX  

  Account Type Collection Department / Agency / Attorney  

  Balance      

Date Opened 1/1/2006

So, just wondering exactly what current closed means. It usd to be a collection and I guess still may be. Its paid as of 8/08.

Thanks

Message Edited by JasonBourneOfCredit on 03-03-2010 06:16 PM

[guiness56]

Does it say any where on the report that it has been paid?

[JasonBourneOfCredit]

Yes, it says:

NATIONAL CREDIT SYSTEM    

Account # 116XXXX    

Account Type Collection Department / Agency / Attorney    

Balance      

Date Opened 1/1/2006

                      Account Status Closed

        Mo. Payment          Past Due          

Payment Status Paid, was a collection account, insurance claim or government claim or was terminated for default         High Balance           Limit           Terms 1 Month         Comments

Message Edited by JasonBourneOfCredit on 03-04-2010 08:14 AM

[guiness56]

Then it just means the account is closed.  They are no longer looking for payment.

[JasonBourneOfCredit]

But its still on there. Overall is it an ok thing or should I try to GW it off? Its on all 3.

[Greene718]

Good question I would also  like to know if I should GW an acct that shows up as chargeoff or an acct that says closed(transferred) because i had a student loan but it got transferred to another student loan company for some reason it wasnt bad but i guess the company just transferred it for whatever reason.