understanding credit report?
Date: Mon, 08/09/2010 - 09:17
I have settled all my CC over year ago, I'm checking my credit using online access via truecredit.com which I think is part of Trans Union depends on creditor or CA they are raported differently on my credit report here are some examples:
BofA - Condition:Paid, Pay Status: Current, Remarks: Settled - less than full balance, Balance: $0
Chase - Condition:Paid, Pay Status: Current, Remarks: Settled - less than full balance, Balance: $0
AMEX - Condition:Derogatory, Pay Status: Collection/Chargeoff, Remarks: Payment after collection/chargeoff. Settled - less than full balance, Balance: $0
so here is my question while I understand that there is not much I can do about remarks like "settled - less than full balance" since I settled these accounts paying cents on $ I think the other comment "Condtion: Derogatory" hurts my credit more than "Condition: Paid" regardless both are showing balance $0
is there a way to chane it?
BofA - Condition:Paid, Pay Status: Current, Remarks: Settled - less than full balance, Balance: $0
Chase - Condition:Paid, Pay Status: Current, Remarks: Settled - less than full balance, Balance: $0
AMEX - Condition:Derogatory, Pay Status: Collection/Chargeoff, Remarks: Payment after collection/chargeoff. Settled - less than full balance, Balance: $0
so here is my question while I understand that there is not much I can do about remarks like "settled - less than full balance" since I settled these accounts paying cents on $ I think the other comment "Condtion: Derogatory" hurts my credit more than "Condition: Paid" regardless both are showing balance $0
is there a way to chane it?
You can contact AMEX and request a change or challenge it with t
You can contact AMEX and request a change or challenge it with the credit reporting agencies! Good luck!
