thegame26 Posted March 17, 2007 Report Share Posted March 17, 2007 I have a charge-off account with Chase and settled with them for less than the full balance. Experian is reporting it as an account in good standing. How is that? The other 2 are reporting it as a negative/adverse account which I understand and expect, but why in the world would Experian consider this a 'satisfactory' account? Link to comment Share on other sites More sharing options...
kevin3344 Posted March 17, 2007 Report Share Posted March 17, 2007 (edited) If this is an account with a history, and not a CO listed by a CA, it's possible this could be 'overriding' the status of 'charge off'...somewhat. Of course, any charge off isn't good but let's say you had 5 years of good history before this happened. It's possible (in EXs weird credit scoring way) that this ends up as a 'positive'.________Web shows Edited September 9, 2011 by kevin3344 Link to comment Share on other sites More sharing options...
thegame26 Posted March 17, 2007 Author Report Share Posted March 17, 2007 If this is an account with a history, and not a CO listed by a CA, it's possible this could be 'overriding' the status of 'charge off'...somewhat. Of course, any charge off isn't good but let's say you had 5 years of good history before this happened. It's possible (in EXs weird credit scoring way) that this ends up as a 'positive'.yeah it is chase the orginal oc. it was open for about 4 1/2-5 years before the co. Link to comment Share on other sites More sharing options...
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