Mega Contributor
RobertEG
Posts: 17,456
Registered: ‎03-19-2007
Re: Cash Call Inc.

Paid or unpaid, they reported that they took an internal accounting measure on a delinquent debt, moving it from an asset to an uncollectilbe debt on their books.

The reporting of a charge-off is not deleted based on subsequent actions on the account, such as payment.

 

Removal of a charge-off can be pursued if the debt was not delinquent at the time they took that accounting measure.  Otherwise, it would be accurate, and thus there are no means under the FCRA for asserting deletion. 

 

Request to the creditor for their good-will deletion would be the remaining course.  If the debt remains unpaid, that is unlikely to occur.