How accurate do people find what’s hurting your credit scores from places like Experian credit works

[Wizard10]

better title- Experian credit works what’s hurting my credit Score accurate or not?

I don’t find them too accurate or maybe I’m reading them incorrectly. Looking at a few bad marks one says poor payment history. I have 99% on time payments with 1. 30 late back from nov 2018 ( I screwed this up as I thought I paid but didn’t ). Another example is not many accounts in good standing/paid as agreed. I’m not sure how this is true since the 5 collections I have are down to 2 and I have ~6 open accounts that have never been late on. It leaves me scratching my head trying to figure out how I have these negative marks.

[Anonymous]

Anything less less than 100% will fill that space with "poor payment history". Having said that, it does not mean its wrong. One late IS hurting your score no matter how little. 2018 is very recent on the world of credit scoring. The first derogatory (that one) has an unusually high impact on your score.

As for the next field, 6 total accounts and 2 collections means of your 8 accounts mean 25% of your accounts are derogatory.

Credit scoring is meant to assess your risk over a long period of time. 7-10 years. Its not the end of the world. Keep paying on time and let that stuff age. Try PFD on the collections and GW letter on the late payment. Good luck.

[Anonymous]

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@Wizard10 wrote:
better title- Experian credit works what’s hurting my credit Score accurate or not?

I don’t find them too accurate or maybe I’m reading them incorrectly. Looking at a few bad marks one says poor payment history. I have 99% on time payments with 1. 30 late back from nov 2018 ( I screwed this up as I thought I paid but didn’t ). Another example is not many accounts in good standing/paid as agreed. I’m not sure how this is true since the 5 collections I have are down to 2 and I have ~6 open accounts that have never been late on. It leaves me scratching my head trying to figure out how I have these negative marks.

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All it takes is 1 late payment and your payment history is poor/compromised.  100% on-time payments is good, anything less even 99.99% is bad and it greatly elevates your level of risk.  Same thing goes for collections, it takes only 1.  Negative reason statements provided by a FICO source are listed in order of importance (most impactful to your score to least impactful) and all of them on the list are holding your scores back.  There are additional factors as well many times, but you'll usually only be provided with the top (say) 4.