credit one bank charge off

[ebf156]

hi all i have been rebuilding for a while and i am down to one left unpaid credit one charge off due to fall off april 2015 shows o bal but they just rereported and killed my experian fico by 30 points what would be the best approch to get rid of this one they are very hard to deal with i am going to call when there office opens.

any input thanks

[RobertEG]

If you have an OC account that has been charged off and you have not paid the debt, then their reporting of a $0 debt balance means one of two things.

1.  They have sold the debt to another, and thus the $0 balance owed to them.

     In that event, you can expect a debt collector to be contacting you and/or reporting a collection.

2.  They have cancelled the debt.

    It is uncommon for a creditor to simply and voluntarily cancel an entire debt, but it is possible.

In either event, once having reported a $0 debt balance, they are stating that you no longer owe them a debt.

They are essentailly done with the account.

What specifically did they re-report that altered your score?

[eric19k]

It was sold to CA.

[ebf156]

i found out today it was sold to another company but credit one is still reporting the co on my reports