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Why?!?

Valued Member

Why?!?

I have a CC account reporting as paid or paying as agreed! I paid it about 4 years ago for a less amount then the original. The account itself is helping my credit history age so I don't want the TL removed. However, its still saying 60 days past due. How do I get that removed? Do I simply send a GW letter to get the late removed? Thanks Smiley Happy

Starting Score: TU 504 EQ 424
Current Score: TU 504 EQ 424
Goal Score: TU 650 EQ 600


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Message 1 of 6
5 REPLIES
Senior Contributor

Re: Why?!?

How old is that 60 day late??  It's going to be tough getting a late posting removed when you hadn't PIF.  Not impossible, but much more difficult.

 

What's the bal. that you left unpaid??



Starting Score: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 04/2017 TU 754 - EQ 757 - EX 747
Goal Score: 850

Bury me in the garden...last app 08.09.15

Message 2 of 6
Valued Member

Re: Why?!?

The balance was at $461.00 and I paid only the $250.00 in a settlement with the CC company. If you look below you can see what lates are being reported. Is there any chance you think I could GW these lates?!? Thanks so much for your help! Smiley Happy

 

This is what it says on my TU report:

 

 

Credit Card First Premier Bank
Status as of [?] Mar, 2007 Date opened [?] Nov, 2004 Date of last activity [?] Feb, 2007 Date paid out [?] Feb, 2007 Date closed [?] Nov, 2006 Account number [?] XXXXXXXXXXXX Loan type [?] Credit Card Credit limit [?] $250 Largest past balance [?] $461 Terms [?] Not Reported Account Type [?] Revolving Account Account holder [?] Individual Account Scheduled payment amount [?] Not Reported
Descriptions [?]
  • Account closed by consumer
Contact Information [?]
3820 N Louise Ave
Sioux Falls, SD 57104
Balance [?] Current Status [?] Past Due Amount [?] $0 60 days past due $0 Seven year payment history [?] 30 days late 2 times (Dec 2006, Aug 2006) 60 days late 1 time (Jan 2007) 90+ days late 0 times Recent payment history [?]OKOKOKOKOKOKOKOKOKOKOKOKOKOKOKOKOK30 Days LateOKOKOK30 Days Late60 Days LateOK 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 2005 2006 2007 Legend: Current paid Currently paid as agreed   30 days late 30 days late 60 days late 60 days late Worst Delinquency [?] 60 days past due The Worst Delinquency reports the worst missed payment status that has been documented on this account. Your FICO® score evaluates how recently that missed payment occurred and in general, the more recent, the more impact it has on your score. However, the fact that it occurred is still predictive of future payment risk and could be considered by your FICO® score

Starting Score: TU 504 EQ 424
Current Score: TU 504 EQ 424
Goal Score: TU 650 EQ 600


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Message 3 of 6
Established Contributor

Re: Why?!?

We have 3 FP lates from back in 2003 - have GWed like crazy, but FP generally doesn't comply.  They just send me statements showing the lates and refusing to remove, and after that didn't respond at all.   Ours are due to fall off next May, June and Sept and then the account will turn positive.  Our card was closed in 2004 for less than the full balance too.
______________________________________________________
DH starting scores 02/10/09: EX - 543, EQ - 543, TU - 554
Current scores: EQ - 750, TU - 732
My starting scores 03/13/10: EX - 711 (LO pull), EQ - 692, TU 701
Current scores: EQ 736, TU - 732
Message 4 of 6
Valued Contributor

Re: Why?!?

From the looks of how the tradeline is being reported it is not reporting as as a settled account for less than full balance.  I would not do anything with this account. The link to the article below will explain why.

 

http://www.creditcards.com/credit-card-news/debt-settlement-choose-credit-score-1265.php

 

 

 

Equifax My FICO score 814 11/29/2016, Discover TU FICO 807 12/29/2016 Citibank Equifax Bankcard FICO score 827 12/27/2016 Average of Accounts 13 years and no Installment accounts, 1 TU inquiry in 2015
Message 5 of 6
Highlighted
Valued Member

Re: Why?!?

Thanks for all the help! I guess I will just leave the account alone. I am just worried the lates are affecting my score pretty bad. Thanks againSmiley Happy

Starting Score: TU 504 EQ 424
Current Score: TU 504 EQ 424
Goal Score: TU 650 EQ 600


Take the FICO Fitness Challenge
Message 6 of 6