What does "current closed" mean at freecreditreport.com?

NATIONAL CREDIT SYSTEM

Current Closed

     

  Account Name NATIONAL CREDIT SYSTEM    

Account # 116XXXX  

  Account Type Collection Department / Agency / Attorney  

  Balance      

Date Opened 1/1/2006

 

So, just wondering exactly what current closed means. It usd to be a collection and I guess still may be. Its paid as of 8/08.

Thanks

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