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charge offs

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Anonymous
Not applicable

charge offs

hello all
 
 
have a question regarting charge offs
 
way back in 2005 i have gotten a co in a cc from fcnb
nco became there ca in may of 2006 i have settle for less with them
but fcnb is still saying co as every month
 
just curius
 
once a oc sells there acoount to a ca they have no right in reporting to the credit reports?
 
 
is that statement correct
Message 1 of 3
2 REPLIES 2
FretlessMayhem
Senior Contributor

Re: charge offs

It should be reporting a 0 balance.
Here we go again...
Message 2 of 3
Anonymous
Not applicable

Re: charge offs

An OC will remain on CR 7 years past DOFD    doesn't matter if they own it or not!
Message 3 of 3
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