Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
Re: Charge off
[ Edited ]

MOMO30 wrote:

Hello I have a charge off from First Premier account charged on in 2010 yet they continue to update late on my credit report

Can they do that? Even though the account is charged off?

Do they still own the debt?  Are they reporting a balance due?

If they own the debt, even though it is charged off, yes, they can report as late until it is paid in full.


Just because an OC COs a debt does not mean it goes to a CA.  Not all creditors rely on a CA to collect COs.