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Confused on report


Mel
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Totally confused. If report shows ACCT Status: open// Monthly $261.00 // Balance: 0 // Paid or Paying as agreed.

Does this hurt my score? Should I do anything. Another entry: Real Estate Open/0 balance/0 payments Current. Does it make it look I pay these or does this effect score? Or should I just not worry about this?

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Is the first one with an OC? Those look good to me, but which report are you checking? I would try to cross-reference them with your EX report....online that will tell what's neg and whats positive. Other than that, 0 balance, paying on time is a positive (as long as it's not a CA).

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<blockquote>Originally posted by Mel

Totally confused. If report shows ACCT Status: open// Monthly $261.00 // Balance: 0 // Paid or Paying as agreed.

Does this hurt my score? Should I do anything. Another entry: Real Estate Open/0 balance/0 payments Current. Does it make it look I pay these or does this effect score? Or should I just not worry about this?

</blockquote>

I'll tell you of my experience with something similar. I had a credit line at a local bank. It charged off in 1998. It was showing up on my EQ report as Status:Open, Balance: $0, Note: Account Is Inactive. I got it deleted, and my score dropped by two points.

So, I would think that if you have an account that's showing it to be current (or pays as agreed), and has no black marks on it, I wouldn't worry about it.

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