Re: 120 late or paid collection - which is better?
09-13-2012 10:12 PM
I have a charge off that reports 120 days late each month. I just sized my score and report with someone who has a bankruptcy two years old. My EQ score only beats them by 20 pts....This would imply a paid collections is better than a so called weaker 120...Explain the bankruptcy situation vs mine and enlighten me please. Their average account history is 7 years mine is 5 their oldest account is 13 mine is 13 as well. They have 7 negative accounts with 1 public record. I have 4 with no public records. In addition, I have 7 current good accounts were they have 4. Our debt to credit ratio for revolving credit is the same at 20 percent. If Issac is Fair, than explain this?