When an account is charged off and is a paid collection, can a CA or CRA report days past due. I have an MCM and a Cap One account and they are both reporting 120+ days delinquent. Also, does it matter?
Monthly delinquencies are separate from the act of an accounting charge-off or referral for collection assistance.
It is proper to have both monthly delinquencies and a CO or collection.
I paid the CA midland off in 09'. The account was HSBC originally and they charged it off and sold it midland in 06'. Both companies are showing 120+ day lates on the CRA's. Both accounts are due to fall off in 2013 but I'm still trying...... I'm waiting for them to get tired of me and do a GW removal.