Charge off account shown in the credit report
Date: Tue, 01/24/2006 - 20:04
Does charge off account come off your CR from the date paid off or first time in default?
Charges off accounts are considered to be a negative remark that
Charges off accounts are considered to be a negative remark that will stay in the file for a period of seven years. It begins from the date when you first defaulted on your account.
It is better to pay off the charged off accounts because it will be given a positive view by your future lenders.
