Changes to Equifax
Date: Sun, 05/17/2009 - 11:54
Hi all..
I have 2 credit cards that are closed. And are under my "negative accounts" since they are closed and I still owe a balance. I started making payments on both of them again in April, and the "Current Status" said on May 2nd "pays 61-90 days" and I just checked and it now shows "paid as agreed".
My questions are:
1. Will they move over to good account status since I am making payments again? (or will it stay under Negative since it in fact a closed account?)
2. Will this change of status improve anything on my credit report? (my score, etc?)
Thanks!
I have 2 credit cards that are closed. And are under my "negative accounts" since they are closed and I still owe a balance. I started making payments on both of them again in April, and the "Current Status" said on May 2nd "pays 61-90 days" and I just checked and it now shows "paid as agreed".
My questions are:
1. Will they move over to good account status since I am making payments again? (or will it stay under Negative since it in fact a closed account?)
2. Will this change of status improve anything on my credit report? (my score, etc?)
Thanks!
Negative accounts whether paid or not, will stay there in your r
Negative accounts whether paid or not, will stay there in your report as negative for 7 years and 180 days from the date of your delinquency. If it is paid, it will get reflected in your report as "paid as agreed", but will still be considered a negative account.
