Old closed/paid in full accounts still reporting new on-time payments

[nlwnola]

I just noticed something on my EQ report, haven't looked deeply into TU and EX, that 3 closed accounts, maybe more, that i had in a DMP with Consolidated Credit Counseling are still reporting on time payments after being closed. there were a total of 7 but 4 of them stopped reporting in 2011 when they were paid off. These three, Sears, Chase, and all three GERCB cards keep reporting on time payments up until last month. I don't know exactly what this is or why but i don't know if i should dispute them or what. No bad data other than i keep paying them nothing. They all show paid in full and closed. its just weird. Any thoughts? All show dates reported in 2014.

[shifter]

good for you. that will keep them around for longer as they stay for 10 years from last updated.

[moosetracks]

good for you. that will keep them around for longer as they stay for 10 years from last updated.

 

+1

[nlwnola]

Well was hoping the late pays on these would fall off in 7 years but if they keep reporting won't that mean those late pays hang around?

[almostanonymous]

The late pays still have to come off 7 years from the month in which they occurred, so you're gravy.

[GoCardinals]

I'm not sure how that type of account is indicated in the FICO calculation but beware it could negatively impact it if open, even with a zero balance. I got an 18 point increase in FICO the day my "personal finance" loan updated as closed 0 balance, even though it had shown zero balance for a couple months prior on my report.