Collection accounts listed under regular accounts not collection accounts
Can I have these removed as improper reporting. If so how do I go about this. I have 3 accounts reporting under regular accounts that are actually collection accounts.
Re: Collection accounts listed under regular accounts not collection accounts
DH has this too. Most of his activity is in collections and most of the collections are showing in his open/regular accounts. Only Zales, some local chick and Comcast are in the CA section.
Re: Collection accounts listed under regular accounts not collection accounts
I have to think that having them NOT show as a collection is better. I believe this because of the whole "bucketing" thing. If you have ANY collections, you've got that glass ceiling on your scores.
Re: Collection accounts listed under regular accounts not collection accounts
Actually whether they show up as a TL or in the collections section, the damage is the same. It gets coded as a CA either way and FICO picks up on that. Now maybe a lender who just glances over a CR without studying it may see it as a TL.
