Moderator Emeritus Posts: 32,868 Registered: ‎08-04-2007 Re:
Does FICO factor "Current Status" on closed accounts?  It's a
drain, but the source of the drain are the 120+ day late(s)
reporting anywhere within the reported 7-yr history. Once the
lates are removed, then it'll say "paid as agreed" or something
similar (vs. closed). FICO focuses on the most severe late and
the recentness of that late. Try sending the lender a Goodwill
letter.