dympiece Posted March 20, 2007 Report Share Posted March 20, 2007 Hello, Im New To The Site So Bare With Me.I Had An Account With Fashion Bug That Was Opened In 1999. They Are Reporting That My Last Payment Was Received 5/05, But Then That The Last Date Of Activity Was 11/04. They Also Report That The Date Closed Was 2/05. The Current Status In A Charge Off, But Are They Allowed To Report A Charge Off Each Month, Or Is That Supposed To Be A One Time Thing. Every Month It Is Being Reported As A Chargeoff As If It Is A New Chargeoff...is This Correct? Anothe Raccount That I Had That Was Chrged Off Only Reported Once As A Charge Off And There Is No More Activity Since That Date. How Do I Go About Disputing This. It Is Currently In Reinvestigation Process With Equifax. Link to comment Share on other sites More sharing options...
willingtocope Posted March 20, 2007 Report Share Posted March 20, 2007 Welcome.(You might want to not use so many capital letters. Its a little harder to read).But, to answer your question. "Charge off" is both a status and an action. Technically, once an OC "charges off" an account it can report its status as "charged off" from then on. The only difference between the two accounts you mention is that apparently one OC reports every month, and the other doesn't.You'd need to find something else to dispute. Link to comment Share on other sites More sharing options...
dympiece Posted March 27, 2007 Author Report Share Posted March 27, 2007 thanks for your reply...sorry about the caps..... Link to comment Share on other sites More sharing options...
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