@Anonymous wrote:
I have a few charge offs/collections (with balances) on my report from 2011-2012 and the creditor has "closed" the account. However, each month they keep updating my file on the "Last reported" area. Are they not suppose to stop reporting once the account is closed? I am confused. Thank you!
No, they can update the reporting every month until it is paid, or until they sell the bad debt to a junk debt buyer.
