I have a charged off credit card and my TransUnion report shows its estimated time to be removed as 7/12
Should I wait until August to see if its been removed and then try to settle the debt once its removed? Or should I pay it now and still wait for it to drop off?
Whether you pay or not it won't affect when it drops off. Sounds like you are good to go shortly.
Regardless of CR exclusion, there is still good reason to satisfy an old, unpaid debt.
CR exlcusion removes the normal access to the information by pull of your CR, but does not ensure that others wont be able to discover the unpaid debt.
Less likely with CR exclusion, but it is still out there and owed.