Two quick questions.
2) Can a 90-day lateness also be counted as a 60-day and a 30-day late item? I have one account that is noted as three items: a 30, 60 and 90 day lateness.
TU-729; EQ 713; EXP-Who the hell knows.
I'll bet you a nickel, though, that lenders still see all seven years' worth of negatives, even if they seem to no longer be counted in our FICO scores.
HTSU, you inspired me to look at a recently pulled lender score. Was furnished by Credo and my broker provided ALL the pages. They only show 24 mos. of activity with this EXCEPTION - DEROGS!
Sure 'nuff, my shiny CR is tainted by that dang 4 yr old 30 day! Soooooo...... if you get any takers on the bet, you could make a (very small) fortune!
You most recent 48 months of history I presume you mean the payment histroy on trade line. That is fairly standard with Trans Union I think they can report a longer history. The 30, 60, 90 day late counters are for 7 years. You should be able to count the lates dates in the payment pattern can come up with the same number that is in 30 60 90 late count. The only exception would be a lte that happend over 4 years ago. The lenders sees same lates that you see when you pull your credit report.
The FICO score is derived from the credit data that is given to state the obvious. The better the credit history the better the score which match what you saw with TU. My only thought is, it is how the creditor was reporting your credit history on your account to Trans Union. What I said on my previous post is how it is supposed to be in theory.