Does a recent 30 day late hurt a score more than a paid collection from 6 yrs ago?? What type of derogs hurt a score the most.
My thinking is that it would hurt more because recent history is going to be looked upon as more relevant to your financial picture than something 6 years old. I know that if I were a lender and I saw a report that indicated there might be recent financial problems I would be much more inclined to deny rather than take chances. I don't know how the professional lending people look at those kinds of things, so my answer is just a kind of "gut level" opinion rather than actually knowing the facts. There is a whole list of them. Bankruptcy, debt consolidations, child support, paid chargeoffs, student loans delinquent, Sheesh! There really isn't a good one if it's listed as derogatory.
