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Charge off with a $0 balance


BTO429
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41053079XXXX Status: CHARGE-OFF

Account Owner: Individual Account. High Credit:

Type of Account An installment loan has a fixed number of payments and the same payment due each month, such as a car loan or student loan.: Installment Credit Limit:

Term Duration: 36 Months Terms Frequency: Monthly (due every month)

Date Opened: 04/2007 Balance: $0

Date Reported: 06/2007 Amount Past Due:

Date of Last Payment: 06/2007 Actual Payment Amount: $1,500

Scheduled Payment Amount: Date of Last Activity: N/A

Date Major Delinquency First Reported: 06/2007 Months Reviewed: 2

Creditor Classification: Activity Designator: N/A

Charge Off Amount: $153 Deferred Payment Start Date:

Balloon Payment Amount: Balloon Payment Date:

Date Closed: Type of Loan: Secured

Date of First Delinquency: 05/2007

Comments: Charged off account

Charged off for 153 dollars but a zero balance? I paid this back in 07.

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Charged off for 153 dollars but a zero balance? I paid this back in 07.

Isn't that what your keep your own records for? I hope you have the canceled check or bank statement from back then. It sounds like a case of cashed the check and didn't apply it to the (proper) account (which I caught AT&T Credit Card doing to me twice many years ago).

I'm guessing the balance is zero because they charged off the amount to collection. I hate this confusing accounting practice.

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