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Should I Pay Charge-Offs?


Guest JeremyTownshend
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Guest JeremyTownshend

I have several charge-offs that are set to expire in 2010, 2011, and 2012 respectively. Should I pay them? The three total $2,000. Morally I guess I am obligated, but otherwise is it helpful to me?

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it is really up to you - I have heard that you can still be busted for it later on OR that they will just fall off.

If anything - read about PAY FOR DELETES. Get everything in writing. If you truly want them removed from your report ASAP - this is the way to go about it...but, if you don't care - you can try your luck with letting them fall off.

Make sure if you do attempt the PFD that you again - GET EVERYTHING IN WRITING.:wink:

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I have several charge-offs that are set to expire in 2010, 2011, and 2012 respectively. Should I pay them? The three total $2,000. Morally I guess I am obligated, but otherwise is it helpful to me?

I, personally, am in the same situation. I think that is a long time to have charge offs on your credit report. But if its not bothering you, causing any denials, and no ones trying to collect them then let them age off.

But quite honestly, $2,000 is really not that bad. I would take care of them.

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