Credit card charge off showing open

[Anonymous]

I have two credit cards charged off small amounts.  Both cards are showing open.  These are from a few years ago.  What are the best steps.  They did not go to collections.

[fltireguy]

Small amounts? How small? Can you afford to pay them?

[Anonymous]

Yes, I can afford to pay off.  Will that reset the clock and make my score go down?

[Anonymous]

574 and 610 are the amounts

[gdale6]

Welcome to the board

If these are reporting monthly then they are keeping your score depressed. The faster you settle them the quicker your Fico can begin to recover.

[recoverysauce]

If you got the money pay the original creditor in full before it goes to collections. 

[sjt]

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@Anonymous wrote:

Yes, I can afford to pay off.  Will that reset the clock and make my score go down?

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It will not reset the clock because the deletion date is based of of the "Date of First Delinquencey" . After paying the charge offs, you will probably get a score bump because  your balance goes to zero and stops monthly reporting of delinquent debt.