Once a default has been satisfied should the balance of that default then return to zero?
On my girlfriends credit report there are satidfied accounts that had defaulted still showing a default balance, while others display zero.
e.g. one account shows:
Balances: Limit 0 Start 0 Current 0 Default 150
Monthly status SD10001001010
The other account also with a default shows:
Balances: Limit 0 Start 0 Current 0 Default 0
Monthly status SD111111000
How do these default balance values affect credit ratings?
Thanks for any help,
Leroy.