Score Watch question.....

cgreer72 · ‎04-16-2011

I just received an email from SW saying a new collection has been added to my credit report. And that it was reported 4/1. I've been aware of this account since February when it first appeared on my CR when I was trying to purchase a house. Can someone explain this to me?

mocha82 · ‎04-16-2011

@cgreer72 wrote:
I just received an email from SW saying a new collection has been added to my credit report. And that it was reported 4/1. I've been aware of this account since February when it first appeared on my CR when I was trying to purchase a house. Can someone explain this to me?

Check to see if anything from the account has be changed and/or updated. That would cause SW to send you an alert.

Closed on my 1st home on: 11/30/2011
First Guaranty Mortgage Corporation (FGMC)
Starting Score:Equifax: 490 (01/14/2011)Transunion: 498 (01/14/2011)
Current Score: Equifax: 609(07/09/2012) Transunion: 644 (10/14/2011) Experian: 593 Lender Pull (08/22/2011)

Goal Score: 700

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cgreer72 · ‎04-16-2011

Other than the fact Ive started making payments to the CA, no.

Anonymous · ‎04-18-2011

@cgreer72 wrote:
Other than the fact Ive started making payments to the CA, no.

The CA may have updated the DoLA (date of last activity), and that has been known to generate an alert.