items on credit report
Date: Sun, 01/14/2007 - 09:54
what does it mean when an account is charged off and is that something that still needs to be paid? In other words does it help your credit to pay off a charged off account? I was told that it would not help your credit score. Also what is a Gov. Over Payment?
I would think that paying off a charged off account would help y
I would think that paying off a charged off account would help your credit score, maybe not by much, but it is showing that you paid the debt.
If something is listed as "charged off" on your credit report th
If something is listed as "charged off" on your credit report the company can still sell the debt to another CA to collect on it. I think if you payoff anything negative on your credit report can only improve your scores. But I could be wrong in the case of a charge off, but I do know that charge offs can be sold.
I just paid off a charge off on my CR, and my scores are suppose
I just paid off a charge off on my CR, and my scores are supposed to go up. When I find out how much, I will post and let you know..