Posts: 76
Registered: ‎05-01-2012
Re: Proof of Paid Charge-Off

I agree with Jasimae, its the DOFD you need to worry about, not the DOLA  if you're last collection was in 2010 then you have the 12 months of clean credit history needed. However the OP is worried that getting the OC to correct the balance on the CO will update the DOLA, causing his credit score to drop. I would be interested to hear what others have to say on this as well. Would proof that it has been paid be enough or do you need the credit reports to reflect a 0 balance?