Frequent Contributor
Posts: 297
Registered: ‎06-02-2008
Re: First Premier Bank Card need help charge-off
Hello, I to have a charge-off account with First Premier Bank and on my credit report it shows a 0 balance for first premier and apparently it was sold to Arrow Financial, which is reported on my credit report. Mine is not scheduled to fall off until 2011. I was planning on trying to take care of this debt this week. I owe about $575. What is the difference between paying this before or after SOL? If I were to pay this off before SOL in full, they can't still sue can they? I think its getting pretty close to the SOL date, but I'm not quite sure. I do know I want to get pay this debt though. v/r James