Fozzle Posted November 24, 2006 Report Share Posted November 24, 2006 Let's say I had a revolving acct with a $1000 limit, but it was charged off a few years ago. Should the credit limit show as $1000, or as $0? Experian would report it as $1000 as credit limit/original amount, but TU is reporting as $0, which would be the current amount on a closed acct. Who is correct? Link to comment Share on other sites More sharing options...
direred Posted November 24, 2006 Report Share Posted November 24, 2006 EX reports the limit at the date of closing, but is smart enough to count it as 0 when figuring a FICO score. The way they do it is actually probably more useful to future lenders. Link to comment Share on other sites More sharing options...
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