Hi Everyone, I have a question about how a paid collection is supposed to be reported on reports. I have a fully-paid defaulted student loan showing up on my report as 120+ days past due I5 status. It is making a difference in my score because it shows as a paid collection, but currently delinquent & 120 days past due. I received a Paid in full letter from Ed Fund stating that it is a collection account that is now paid in full. My question is - if I send the CRAs a copy of the letter will they change the status from 120+ past due to pays as agrees or change the status in any other way? I have disputed this several times and it always comes back verified. As always, any feedback you provide is greatly appreciated.
