topic Tuscani IIB in Understanding FICO® Scoring

Tuscani IIB

smallfry — Sun, 13 May 2007 04:13:37 GMT

Seems as if there are three lines two credit cards one store line of credit which don't show on any credit report as negative accounts. All showed pays as agreed and zero balance. date of last activity is the date of my BK7. In the detail it says closed by credit grantor. I have quite a few closed/inactive accounts that I closed myself that were in good standing at the time. These also say pays as agreed yada yada. Do the closed by credit grantor drop off in 7 years from last date or are they actually considered "accounts in good standing" and help my score for another few years. this is a bit confusing. When i looked at my reports a few years ago these looked ugly. charge offs lates things like that. Have they magically morphed into closed/inactive accounts in good standing? None of the reports, free or paid for that I have seen the last few months report any negative accounts.

Re: Tuscani IIB

Tuscani — Sun, 13 May 2007 12:48:18 GMT

smallfry wrote:
Seems as if there are three lines two credit cards one store line of credit which don't show on any credit report as negative accounts. All showed pays as agreed and zero balance. date of last activity is the date of my BK7. In the detail it says closed by credit grantor. I have quite a few closed/inactive accounts that I closed myself that were in good standing at the time. These also say pays as agreed yada yada. Do the closed by credit grantor drop off in 7 years from last date or are they actually considered "accounts in good standing" and help my score for another few years. this is a bit confusing. When i looked at my reports a few years ago these looked ugly. charge offs lates things like that. Have they magically morphed into closed/inactive accounts in good standing? None of the reports, free or paid for that I have seen the last few months report any negative accounts.

I believe IIB accounts have the same reporting period as any other account. If they are not reporting as negative I wouldn't worry.

Re: Tuscani IIB

smallfry — Sun, 13 May 2007 12:53:35 GMT

@Tuscani wrote:

@smallfry wrote:
Seems as if there are three lines two credit cards one store line of credit which don't show on any credit report as negative accounts. All showed pays as agreed and zero balance. date of last activity is the date of my BK7. In the detail it says closed by credit grantor. I have quite a few closed/inactive accounts that I closed myself that were in good standing at the time. These also say pays as agreed yada yada. Do the closed by credit grantor drop off in 7 years from last date or are they actually considered "accounts in good standing" and help my score for another few years. this is a bit confusing. When i looked at my reports a few years ago these looked ugly. charge offs lates things like that. Have they magically morphed into closed/inactive accounts in good standing? None of the reports, free or paid for that I have seen the last few months report any negative accounts.
I believe IIB accounts have the same reporting period as any other account. If they are not reporting as negative I wouldn't worry.

Thanks. I feel better about that now.