Closed Accounts

[Anonymous]

I just looked at my credit report....I have several accounts....credit cards and loans that are paid in full....with good standing the whole time....and it says closed....some say closed(paid). Is this hurting my score....since it's saying closed?

Thanks!

[Tuscani]

As long as no balance is reporting it is not hurting your scores.

[Anonymous]

Thanks! That makes me feel better.

Here is what I have on my report from First Premier...Actually I have 3 different ones from First Premier....then one that is a duplicate. Is this hurting me....what do I do with it?

Account No.: *********** ***********  ************  Condition: Closed (Paid) Closed (Transferred) Derogatory Balance: $0   $0 Type: Credit Card Credit Card Unknown - credit extension, review, or collection Pay Status: Collection/Chargeoff Collection/Chargeoff Collection/Chargeoff

TransUnion Experian Equifax Past Due: $0     High Balance: $650   $651 Terms: Limit: $400 $0   Payment:     $0 Opened: 03/26/2002 03/2002 03/2002 Reported: 02/27/2007 02/21/2006 04/2007 Responsibility: Individual Individual Individual

Late Payments (last 7 years): TransUnion Experian Equifax days late:   2 2 days late:   1 1 days late:   1 3

Remarks: [TransUnion] Payment after charge off/collection
Purchased by another lender   [Experian] Purchased by a another lender.
Unpaid balance reported as a loss by credit grantor.
 

[Equifax] Account transferred or sold
Charged off account  

Thanks!

[Tuscani]

Check out:

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=4402