Charged off accounts
Date: Wed, 08/31/2005 - 13:41
I have two credit cards that shows charged off in my credit report. I have just paid them off to the 3rd party collection agencies that were in charge of those wo cards. I also have two letters from those two collection agencies saying they were paid in full. How can I remove the "Charged off" status from my credit report??
please help!
please help!
Hi rony70 Welcome to the forums. A 'charged off' account app
Hi rony70
Welcome to the forums. A 'charged off' account appearing in your credit report will be changed to 'paid charged off' after the collection agency reports your accounts to the credit bureau.
You will be able to see the change in the status of your account in your credit report. In order to see the negative remark removed from your credit file, you will have to wait for 7 years from the date when the said account became delinquent.
Regards
Roxette