Removing inaccurate collection Vs Keeping it for longer credit history

[Anonymous]

I have a negative inaccuracy (profit and loss write off charged as bad debt) in my credit report from 6 years ago.  If I have it removed my credit history wil go from 6 years

to a little less then three years.  Now I know common sense tells me to get it removed, but sometimes credit scores go against common sense.  So whats better to have, a 6 credit history with one negative a or less then three year credit history with no negatives?

Thank you

Message Edited by tbomb4000 on 05-13-2009 02:15 PM

Message Edited by tbomb4000 on 05-13-2009 02:16 PM

[Anonymous]

Just to add, my credit report, If I get that removed, will just have two good closed accounts and and credit card in good standing that has been opened less then three years

[llecs]

Not only is it your oldest account, but it helps your AAoA. Removing it could negatively impact your score. I would GW them and ask them to remove any negative remarks.

[Anonymous]

For the millions of dollars they spend on research this appears to be a way too sloppy algorithm.  It is just ridiculous that its better to have negative info on your credit report.

[CreditGuy03]

Yea the way they do it is ridiculous. It should go by the number of accounts you have paid on time with balance amounts.