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CA reporting question

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Anonymous
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CA reporting question

Hi.... I have a CA (reporting as a collection account on TU and in the regular accounts section in EQ) that is reporting a past due amount that is higher than the balance on the account.  The past due amount being reported is the original amount referred for collections, but it has since been paid way down.  Is this normal?  

 

 

Just starting this whole process on both my and my husband's reports and I'm sure I'll be back with more questions...just trying to sort through the information on our reports for now!

 

Thanks!

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llecs
Moderator Emeritus

Re: CA reporting question

Welcome to the forums!

 

Past due might refer to the highest past due. That falls in line with why your balance is less due to your payments. Per FICO scoring, it doesn't matter if the balance is $10,000 or $0, the damage is equal per your score.

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Anonymous
Not applicable

Re: CA reporting question

Good to know!  Thanks!

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