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

Regular Contributor

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

NATIONAL CREDIT SYSTEM

Current Closed

404-629-9595 
Mailing Address: 3750 NATURALLY FRESH BLV ATLANTA, GA 30349
More Account Details
     
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  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
Decode the algorithm, beat the system. Credit is a game.
Message 1 of 6
5 REPLIES
Epic Contributor

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

Message 2 of 6
Regular Contributor

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

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
Decode the algorithm, beat the system. Credit is a game.
Message 3 of 6
Epic Contributor

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

Then it just means the account is closed.  They are no longer looking for payment.
Message 4 of 6
Regular Contributor

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

But its still on there. Overall is it an ok thing or should I try to GW it off? Its on all 3.
Decode the algorithm, beat the system. Credit is a game.
Message 5 of 6
Contributor

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

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.


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