i have a loc that's maxed out will that have the same effect as a collection?
If it reports as a revolving account, then yes this account would report as maxed-out just like a CC. Most LOCs report as revolving.
thanks. darn it!
Tuscani has recommended others call their banks and ask them to report the LOC as an installment...you can try this. The worst thing they can do is say NO.
i have to pay the bill anyway. i'll call the number first, then stop by the office. It's beneficial if anyone has had any success i'm open for coaching.
