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repaying charge off account

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crunk
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Subject: charged off account

Sat Jan 09, 2010 2:09 am

the charge off was place on my credit report before 180 days, and sent to an attorney. What can i do?

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Sat Jan 09, 2010 1:38 pm

send a DV letter. Do you know what that is?
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LindaC

Joined: 05 Feb 2010
LindaC's page
Posts: 2

45 Magic Points

Subject: Will paid charge off still be listed under NEGATIVE info ?

Fri Feb 05, 2010 6:13 pm

I understand a charge off cant be removed, but I am paying off a charge off bank loan (that I cosigned! Sad

) and have asked that they mark it paid in full.

It is the ONLY item that is listed under NEGATIVE info.
Will it remain under that category or be moved?

I'm trying for a promotion at work, and this is the ONLY THING keeping me from moving up. I will have the satisfied promissory note in hand from the bank to use to prove it has been "fixed" and paid. Im just wondering if it will still exist under the NEGATIVE column, or if it will be moved to adverse accounts or something??
Thanks
LindaC

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2675

48566 Magic Points

Subject: charge off

Wed Sep 08, 2010 10:57 am

Hi Lindac,

Te charge-off will remain their until removed by the bank. If you are making payments to the bank, request them to remove the negative in lieu of the payment. This is known as the "Pay for delete" agreement (PFD).

Thanks,

Aaron
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