Providian help needed and problem a few more. Please

[Anonymous]

Could someone tell me if this right. They have me as being late even after the account was closed and charged off. Can they do this?

Prov/Cm Status as of June 2007

Date opened [?] Jul, 2001 Date of last payment [?] Dec, 2001 Account number [?] XXXXX Largest past balance [?] $1,015 Credit Type [?] Revolving Account holder [?] Individual Scheduled payment amount [?] $0

Descriptions [?]

• Charged off account

No contact information provided by Equifax

Balance [?] Current Status [?] Past Due Amount [?] $1,015 Bad debt/collection $1,015 Seven year payment history [?] 30 days late 0 times 60 days late 0 times 90+ days late 23 times (Apr 2007, Mar 2007, Feb 2007, Jan 2007, Dec 2006, Nov 2006, Oct 2006, Sep 2006, Aug 2006, Jul 2006, Jun 2006, May 2006, Apr 2006, Mar 2006, Feb 2006, Jan 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005) Recent payment history [?] 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 2005 2006 2007 Legend: Currently paid as agreed Collection

[Tuscani]

This is a grey area.. Charge off only removes the balance due from the asset category of a company's accountings. It doesn't eliminate the debt. It doesn't mean the debt is no longer due. It doesn't mean the debt is not PAST DUE, and getting more so by the month. Unfortunately.  Debts can (and usually ARE) still collected after charge off. Interest can be added to charged off amounts as long as it's part of the contract and allowed by law.

So, it theoretically could be reported as late or a CO every time they report the account.