Re: Collection showing up during USDA Applicatio
[ Edited ]
10-01-2012 06:59 AM - edited 10-01-2012 07:01 AM
I went USDA Direct and right before I applied I had a collection show up on my report. It was also under $150. I could have disputed it because the CA was illegally reporting but my scores were all over 660. So, I decided to ride it out and see what happened. It was never an issue because of my scores. I applied at the end of February and closed mid-July. By the way I just had the collection removed off of my reports last week.
Your local field office where you applied should be able to tell you if it is a problem though. I would check with them to make sure. I have noticed that different field offices interpret things in different ways.