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Credit Report date: Nov 6

Status: Account charged off. $1,200 written off. $1,900 past due as of Oct 2011.

Creditor's Statement: Account closed at credit grantor's request.

Account history: Charge Off as of Oct 2011, Sept 2011, Jul 2011, Jun 2011......ect.

Balance History: Sep 2011:$1,900/ Jun 25,2008 / no data / no data

Jul 2011:$1,900/ Jun 25,2008 / no data / no data

Jun 2011: $1,900/ Jun 25,2008 / no data / no data

Limit high balance history

Between Nov 2009 and Sep 2011, your credit limit/high balance was $500.

ONE Day later, on the same account things changed to ....

Credit Report Date:Nov 7

Status: Account charged off. $1,200 written off. $2100 past due as of Nov 2011.

Creditor's Statement: Account closed at credit grantor's request.

Account history: Charge Off as of Oct 2011, Sept 2011, Jul 2011, Jun 2011......ect.

Balance History: Sep 2011:$1,900/ Jun 25,2008 / no data / no data

Jul 2011:$1,900/ Jun 25,2008 / no data / no data

Jun 2011: $1,900/ Jun 25,2008 / no data / no data

Limit high balance history

Between Nov 2009 and Sep 2011, your credit limit/high balance was $500.

How could an account jump $200 a month? This acct has not been used for 3 years. The only change is the past due amount. Any suggestions?

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Probably something like 40.00 late fee, 40.00 over the limit fee, 15.00 fee for some b.s. 10.00 fee for payment on annual fee, then a 40% - 100% default rate (can pretty much charge as much as they want), plus you get the picture.

Wait until they sue you for about 5K on that 500.00 credit limit. Charge off means nothing except for accounting purposes, for the creditor only, in dealing with the IRS.

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