05-20-2008 03:06 PM
05-20-2008 03:11 PM
05-20-2008 03:25 PM
05-20-2008 04:23 PM
05-21-2008 06:00 AM
NWM, I think I disagree with your viewpoint. One could look at it as punishment, but I think in reality it is an incentive to pay. It is done as a tactic to get you paid in full.
The reason they list it is to hurt your chances of getting a loan or credit, since the tradeline shows a certain amount due. It's a rather vindictive system.
05-21-2008 01:30 PM
05-21-2008 02:40 PM
05-21-2008 03:34 PM
An account won't stay on a report unless someone is continually updating it. So someone is sending this off every month like a good little bureaucrat.I don't think that is true. You can see the last reported date on TC, for example.
05-21-2008 04:10 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.