Super Contributor
Posts: 7,295
Registered: ‎07-03-2007
Re: Paying charge offs or not

If you are over 620, paying this does not help you.

FHA doesn't require collections/chargeoffs be paid. Most lenders do not require them paid either.

 

* While I try to visit the forum often, please feel free to contact me directly with a link to your post if I fail to answer a follow up question.

* Lending across the entire 'Great State of Texas' (and now Louisiana)since 2004