06-28-2007 04:30 PM
06-28-2007 04:46 PM
A derogatory account is simply any tradeline or account reporting negative or adverse info. Some examples are, collections, charge-offs, unpaid child support, judgments, wage garnishments, even accounts that are 120 days late (default time) and so on.
theshadow12345 wrote:someone please define a Derog account for me please. Is this the same as an account in collections?Im confused!ThanksTS
06-28-2007 05:39 PM