I know that fico says collections, etc count less on your score the older they are, but how can they ever "age" when they are updated monthly?
I recently went to use a "bill me later" option online and the ONLY thing that counted against me was the collections, that are considered "new collections", yet 4 to 5 years old.
It is showing up on my fico as what is hurting my credit for
collection AND new collection
Thanks in advance for any help!
Jen
Message Edited by jenknee on
02-11-2008 01:20 PMMessage Edited by jenknee on
02-11-2008 01:30 PM
