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Good Account - Closed as Charge Off

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AtikusKhuda
Established Member

Good Account - Closed as Charge Off

Hi,

 

I was wondering if it is leagl for a ceditor to close an account as a charge off, that was in good standing since 2005 with no late pays?

 

CR Account Image

 

Thanks,

Atikus

 

 

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Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Good Account - Closed as Charge Off

I think so.

 

I believe that any body who is lending credit has the write to cancle for any reason at anytime... although they usually don't? Perhapse call them and ask why?

Message 2 of 3
SunriseEarth
Moderator Emeritus

Re: Good Account - Closed as Charge Off

I don't see how the account could be charged-off if it was never late and there's no balance.   I'd recommend a direct dispute with the lender or disputing with all CRAs.



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