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Charge off: did they delete it or was it never there?
bigmistake22 posted a topic in Credit RepairI have a question about credit reporting. I know I can't remove a charge off but just trying to understand what happened before I pulled my report. Is there a way to get a copy of older credit reports? Brief summary (willing to give more details, just don't want to bore anyone with specifics) Synchrony bank/Care Credit card was charged off for $8200 in 2019 (DOFD in 2018) It was sold to a JDB, Credit Corp Solutions and they used Stillman law to sue me. It was a terrible time, I couldn't pay/panicked so I ignored everything until March 2022 (big lesson learned). I paid Stillman law for less than full balance early March 2022. They told me they do not "report to any bureaus but they do inform Credit Corp solutions that the account was paid". I was worried about what my report would show so I waited until the payment cleared and pulled my credit report on March 31, 2022. At that time, there was no reference to Synchrony Bank/Care Credit OR Credit Corp Solutions/Stillman Law on my credit report. I thought the reference to Synchrony/CC or credit Corp Solutions was removed but, after reading the board here, it seems like maybe it was never on my account? There's no way that Synchrony removed the charge off from my credit report in just a few weeks, right? Now that I know more, I'd love to see what my report looked like before I paid the balance. I ask asking this b/c I have a different charge off w/ Comenity/Crown Asset Management/D&A Services. It's for a measly $350. I'm willing to PIF but am trying to figure out if that's the right move, esp if comenity doesn't remove it. I guess I'm being hopeful that for some reason Synchrony removed the charge off and that might happen w/ the comenity one too. Thanks in advance...feel free to write and tell me I'm a fool
Removing chargeoff's From Credit Report
credit2011 posted a topic in Credit Bureaus/Reports/ScoresI have a charge off on my credit report with a numerical balance listed , listed by the OC. it says - transfer sold. I don't know to who . It doesn't matter because the account is now over 5 years (2011) old since last "date of first delinquency listed on credit report. I can't technically be sued because it is past the statute of limitations. The credit reporting agency said if I am disputing the dates to get it removed prior to the 7 years that charge off's stay on your credit, they said I need to contact the OC. Will I stir an old wound or will this benefit me counting on that they cannot reply and will not have my records on file to respond. I think most likely they will say by letter the account had been sold. Are charge offs supposed to reflect a zero balance? I found this info here on a website. Disputing Charge-Off Records After 180 days of non-payment, an original creditor usually charges off a delinquent account and records it as a loss on its books. The lender then sells or assigns the uncollectible debt—uncollectible to the original creditor, anyway—to a debt collector who will then try to collect the debt from you. The original creditor may write the debt off its books, but that does not mean the account is written off your credit file. In fact, a charge-off is considered a serious negative entry on your report—much more serious than, say, a late payment. Strategies for removing a charge-off from your credit report include: Check for any inaccurate dates, amounts, or missing information that should be listed. The balance of a charge-off account should be listed as zero. The account must list the charge-off date, the write-off date, the first date of delinquency, and the date of removal. Ensure account dates are correct, such as the date of the first delinquency and the date the bad credit is expected to be removed from the file. Request a charge-off statement from the creditor. If they cannot supply a statement, the charge-off is considered to be invalid and must be removed.