cancel
Showing results for 
Search instead for 
Did you mean: 

Does 'No Payment Activity' hurt your score

Aspireto850
Established Contributor

Does 'No Payment Activity' hurt your score

Hi,

 

I had a couple of late payments removed off my EQ, submitted documentation to them, and rather than just removing them and leaving all the on time payments; they updated the payment history to 'no data reporting'. The overall account is Pay as Agreed its just the payment history that was changed.

 

Does the fact that they removed all the 'on time payments; green marks' and replaced with No history reporting hinder my score on any way?

 

Thanks for the help.









3 REPLIES 3
RSX
Established Contributor

Re: Does 'No Payment Activity' hurt your score

I wouldnt think so - but either way, i would rather have no info on an account, than a late payment

 

i have to think your score will improve due to the lates being removed

 

Dec 16/2019. EX. 721. EQ. 723. TU 746
Dec 29/2020 EX. 729 EQ. 723 TU 746
Apr 12/2021 EX. 735 EQ. 738 TU 759
Inq. EX 4 EQ 2 TU 5 - - CC 5x24, 3x12
Amex BCP $25k - Apple GS $17k - BMW/Elan $5k - Cap1 QS $16.7k - Chase Amazon $13.6k - Chase Bonvoy Boundless $10k - Chase United Club Infinite $26k - Citi DC $14.5k - CreditUnion1 $9k - DiscoverIT $23k - HSBC Gold - $10.5k - Penfed Gold - $12.5k - USBank Cash+ -$20k
Message 2 of 4
AllZero
Super Contributor

Re: Does 'No Payment Activity' hurt your score


@Aspireto850 wrote:

Hi,

 

I had a couple of late payments removed off my EQ, submitted documentation to them, and rather than just removing them and leaving all the on time payments; they updated the payment history to 'no data reporting'. The overall account is Pay as Agreed its just the payment history that was changed.

 

Does the fact that they removed all the 'on time payments; green marks' and replaced with No history reporting hinder my score on any way?

 

Thanks for the help.


Agreed with the above.

 

My understanding is that the scoring  algorithm looks for negative information.

 

No data reporting should be as good as a green mark.

Message 3 of 4
Aspireto850
Established Contributor

Re: Does 'No Payment Activity' hurt your score

Thank You.

 

That's what I thought but wanted to get confirmation.









Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.