Re: Collections less than $100 not factored in FICO '08
References to stuff like library debt, ect... One would think original debt. But they said unpaid debt and that could mean either paid or original. And maybe they said it this way since they know they will do something about it but may have not decided which one. I think this will be one of the things we may have to wait and see how it plays out after it is released.
Re: Collections less than $100 not factored in FICO '08
FYI:
It is the original amount owed that needs to be less than $100 for FICO 08 to ignore the collection. Unfortunately, paying a collection down to get the current balance less than $100 to make it go away won't work.