https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Double-Whammy/m-p/4240212#M443748 <P>Yes, a collection is an additional derog that is separate from other derogs reported by the original creditor.</P><P>It represents additional actions taken to attempt payment of a debt, similar to the reporing of a judgment or charge-off in addition to multiple monthly delinquencies.</P><P>&nbsp;</P><P>&nbsp;</P> Sat, 19 Sep 2015 05:51:38 GMT RobertEG 2015-09-19T05:51:38Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Double-Whammy/m-p/4240200#M443746 <P>My&nbsp;EX report states that my only negative indicator is the last remaining $35 collection on my report. &nbsp;It states the reason for such negative mark as "late payment 29 months ago." &nbsp;Are collection accounts double whammies? &nbsp;That is, you get penalized for 1) collection and 2) late payment categories? &nbsp;Or are these two categories not independent of each other? Thanks!</P> Sat, 19 Sep 2015 05:34:15 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Double-Whammy/m-p/4240200#M443746 Anonymous 2015-09-19T05:34:15Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Double-Whammy/m-p/4240212#M443748 <P>Yes, a collection is an additional derog that is separate from other derogs reported by the original creditor.</P><P>It represents additional actions taken to attempt payment of a debt, similar to the reporing of a judgment or charge-off in addition to multiple monthly delinquencies.</P><P>&nbsp;</P><P>&nbsp;</P> Sat, 19 Sep 2015 05:51:38 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Double-Whammy/m-p/4240212#M443748 RobertEG 2015-09-19T05:51:38Z