Valued Member
Posts: 26
Registered: ‎01-08-2013
Re: Does FICO factor "Current Status" on closed accounts?

Thanks for the insight. Just one more question: If FICO looks at the most severe late and it's recentness, does it care if the late marks were added to the account history after an account is closed? My EQ file has two "120 Days Past Due" marks in the history for 2012 for the same account, even though it shows it was transferred in 2011. I have been fighting both the new servicer and EQ to properly update the TL (I may have to take legal action Smiley Sad ). If FICO disregards the fact that the account was closed prior and just looks at the lates, then my score is probably in worse shape than I thought.