Valued Member
Larkfield
Posts: 30
Registered: ‎05-04-2013
CC Companies willing to remove paid charge off's

Does anyone have any experience with getting AMEX, Chase, or Citi to remove paid acccounts that have been charged off?  Currently they are at close to 5 years aging, I was just wondering at what timeframe do you just let it age off.  I see a lot of info around collection companies but not a ton on card companies.

 

Trying to get foot back in the door with AMEX and Chase.  Accounts are paid so I dont think Im blacklisted (hopefully)

 

 

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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: CC Companies willing to remove paid charge off's

I do with Citi and Chase.  I GW'd them both off, or I guess I did.  I send GW after GW to the addresses on my CR, they kept saying 'NO", then they just disappeared.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Member
Larkfield
Posts: 30
Registered: ‎05-04-2013
Re: CC Companies willing to remove paid charge off's

Thanks for the advice. 

 

BTW, congrats on the successful weekend for you :smileyhappy:

 

 

 

WF Platinum (3K), CapOne Platinum (5K), Discover IT (1K)
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: CC Companies willing to remove paid charge off's

Larkfield wrote:

Thanks for the advice. 

 

BTW, congrats on the successful weekend for you :smileyhappy:

 

 

 


Thank you.  :smileyhappy:


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
sjt
Posts: 691
Registered: ‎05-05-2010
Re: CC Companies willing to remove paid charge off's

Larkfield wrote:

Does anyone have any experience with getting AMEX, Chase, or Citi to remove paid acccounts that have been charged off?  Currently they are at close to 5 years aging, I was just wondering at what timeframe do you just let it age off.  I see a lot of info around collection companies but not a ton on card companies.

 

Trying to get foot back in the door with AMEX and Chase.  Accounts are paid so I dont think Im blacklisted (hopefully)

 

 


Since the paid collections are almost 5 years old I dont think they have any impact on your scores. I bet if you did get them removed it might have a negative impact as it could reduce the AAOA.

 

I bet if you apply for an Amex charge you would be approved and get the benefit of backdating.

 

 

Senior Contributor
DaBears
Posts: 3,930
Registered: ‎10-26-2012
Re: CC Companies willing to remove paid charge off's

sjt wrote:

Larkfield wrote:

Does anyone have any experience with getting AMEX, Chase, or Citi to remove paid acccounts that have been charged off?  Currently they are at close to 5 years aging, I was just wondering at what timeframe do you just let it age off.  I see a lot of info around collection companies but not a ton on card companies.

 

Trying to get foot back in the door with AMEX and Chase.  Accounts are paid so I dont think Im blacklisted (hopefully)

 

 


Since the paid collections are almost 5 years old I dont think they have any impact on your scores. I bet if you did get them removed it might have a negative impact as it could reduce the AAOA.

 

I bet if you apply for an Amex charge you would be approved and get the benefit of backdating.

 

 


Paid or not. Charge Offs are major derogatories and can affect your score for 7 yrs. 

Established Contributor
sjt
Posts: 691
Registered: ‎05-05-2010
Re: CC Companies willing to remove paid charge off's

DaBears wrote:

sjt wrote:

Larkfield wrote:

Does anyone have any experience with getting AMEX, Chase, or Citi to remove paid acccounts that have been charged off?  Currently they are at close to 5 years aging, I was just wondering at what timeframe do you just let it age off.  I see a lot of info around collection companies but not a ton on card companies.

 

Trying to get foot back in the door with AMEX and Chase.  Accounts are paid so I dont think Im blacklisted (hopefully)

 

 


Since the paid collections are almost 5 years old I dont think they have any impact on your scores. I bet if you did get them removed it might have a negative impact as it could reduce the AAOA.

 

I bet if you apply for an Amex charge you would be approved and get the benefit of backdating.

 

 


Paid or not. Charge Offs are major derogatories and can affect your score for 7 yrs. 


I should have written "they have a much less negative impact on your scores."