The debt has been sold or transferred to a third-party agency for recovery. Why Status Matters More Than You Think
You should review your status descriptions regularly to ensure they are accurate. credit report status
The lender has given up on collecting the debt and closed the account as a loss. This has a severe negative impact on your score. The debt has been sold or transferred to
A high credit score doesn't always guarantee a loan. Lenders scrutinize the of your accounts for specific "deal-breakers": credit report status