05-24-2007 03:28 PM
05-24-2007 05:34 PM
The 13 months of positve won't offset the 11 lates. I would try a good will letter. Assuming that does not work, try a PFD.
simba007 wrote:Got a quick question, I have an account that I got a payment behind on (thanks credit counseling company) and they reported it late for 8 months (thanks FCNB). The account was closed and I was trying to get a good 24 month payment track record by paying it down monthly and pushing the late payment history back. The balance is only $200 bucks and I've been paying $20/month waiting to pay it off at the 24 month period so I have 2 years positive. Is this better than just paying it off? Right now I have 13 months positive and 11 showing negative. I could pay it off but thought it would look better being paid off in 11 months with 24 months good payment history, or does it look better paid off with late payments?Thanks!
05-24-2007 05:44 PM
05-24-2007 05:54 PM
Are the lates all 30 day?
simba007 wrote:I tried everything, FCNB won't hear it, so should I just pay it off then now and leave it as is or keep paying it down slowly? I have credit history on that card for 5 years or so, it was good up until that point when the credit counseling agency closed it to consolidate it. It was just the months I used the agency that messed me over, so which should I do to help myself the most, or will it not matter either way?Thanks!
05-25-2007 05:41 AM
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.