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Payment is payroll deductible


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In reviewing my Equifax report, I noticed 4 accounts that have comments saying "Payment is payroll deductible."  3 of the accounts are closed and charged off credit cards.  The 4th is open and being paid as agreed with never any lates.  It is clearly not an error in reporting by the creditors because it shows like this on each account (with different dates):

04/2016 Payment is payroll deductible

08/2016 Payment is payroll deductible

02/2017 Payment is payroll deductible

 

I am 100% Positive I have no judgements against me that would enable a credit card debt to be payroll deductible.  Is this an effort on behalf of the creditors to further damage my credit by making it appear that an there has been a judgement against me for a particular debt when that has never actually occurred?  I've done extensive searching online and haven't found any answer as to why this comment appears.

 

 

 

 

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There are plenty of payments that could be payroll deductible, not the least of which would be anything to an employee credit union or even a credit card for the employer.  The comment would ALSO be applicable to anything such as child support. 

 

Without knowing WHAT sort of account this was attached to, no other guidance could be offered other than to note that comments generally play no role in scoring.

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43 minutes ago, burghdude said:

In reviewing my Equifax report, I noticed 4 accounts that have comments saying "Payment is payroll deductible."  3 of the accounts are closed and charged off credit cards.  The 4th is open and being paid as agreed with never any lates.  It is clearly not an error in reporting by the creditors because it shows like this on each account (with different dates):

04/2016 Payment is payroll deductible

08/2016 Payment is payroll deductible

02/2017 Payment is payroll deductible

 

I am 100% Positive I have no judgements against me that would enable a credit card debt to be payroll deductible.  Is this an effort on behalf of the creditors to further damage my credit by making it appear that an there has been a judgement against me for a particular debt when that has never actually occurred?  I've done extensive searching online and haven't found any answer as to why this comment appears.

 

 

 

 

are these positive tradelines? regardless, comments mean nothing for FICO.

 

I'm curious why you think creditors are trying to "further damage" your credit.

 

oh, and are you reading paper copies of your four major reports?

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I really don't know of a credit analyst that actually reads the miscellaneous commentary on a per tradeline basis.  As you posted those comment 3 of them are 4+ years old and the other one is 3+ years old.

 

Should be easy to prove, if your computer generated paystub shows no deductions, levies, nor garnishments, or even child support obligations.

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