can the bank reported charge off and check systems

TrishN · ‎01-15-2013

i try to understand. Can the Bank reported CO and check systems at same time? or they just can report 1?

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013

guiness56 · ‎01-15-2013

Yes, they can report the CO to the CRA and to Chexsystems.

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TrishN · ‎01-15-2013

thank you. But look not fair at all

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013

Shogun · ‎01-15-2013

Kind of 2 different entities there though. Chexsystems is more of a bank based reporting service.

Starting Score: 504
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Current scores after adding $81K in CLs and 2 new cars since July 2013
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