topic Re: Difference Between Delinquent and Derogatory in General Credit Topics

Difference Between Delinquent and Derogatory

Anonymous — Wed, 05 Sep 2007 14:10:00 GMT

This is what my summary looks like on TC.

TU EX EQ

Total Accts 11 11 11

Open 7 7 7

Closed 4 4 4

Delinquent 0 0 1

Derogatory 4 2 3

I have all the same accounts on my CR’s, so I guess they are just reported differently. My question is what is the difference between delinquent and derogatory? I know delinquent sounds better than derogatory but what is the cutoff that something would go from delinquent to derogatory? Also EX looks the best but my FAKO’s EX is always lowest and when I pull FICO’s EX is usually lowest also, what’s up with that?

Re: Difference Between Delinquent and Derogatory

Anonymous — Wed, 05 Sep 2007 14:34:21 GMT

Delinquent means it is not marked with "Current/OK"
Derogatory means Charge off, Foreclosure, REPO, etc.

Re: Difference Between Delinquent and Derogatory

Anonymous — Wed, 05 Sep 2007 14:57:59 GMT

The only baddies I have are paid 2 CO's, only OC is listed. And 2 CA's from things not usually reported on CR's, an old vet bill (which the CA has agreed to remove) and a Sprint bill. I can see the CO's being derogatory, but is it possible the CA's are reported as neither on my EX CR? Or is it possible that the CO's are not reported as delinquent or derogatory since they are already paid? Is there a way to find out what accounts are being reported as Delinquent and which as Derogatory?

Re: Difference Between Delinquent and Derogatory

Anonymous — Wed, 05 Sep 2007 15:32:53 GMT

Click on the details of each or use the "print report" to see the whole thing. TU seems to Identify these accts pretty easy.

Should be able to pull full EX and TU reports for free-
I paid $10 for a full EQ report.