im very happy Chase removed a chargeoff

Anonymous · ‎07-10-2007

Hello All

Today I spoke with Chase in refernce to the letter that I recieved from them.

Me: hello my name is andy P.

Chase : What is your ss#

me: no is ###_##_####

Chase: were do you live

me: my house

ETC..........

me: i recieved a letter from you saying i paid in full, why are you reporting a derog info in my reports

on all 3 credit bureaus the account is stated a charge off

Chase : Yes You did pay in full according to our files, we will report that to the three credit bureaus

to correct the error.Paid in full 0 balance will be reported and remove the charge off

me : me jumping as high as i can ouch i hit the coffee table with my toe.

Chase: we will notify them, and send you a letter stating that

me Thank you so much

I very happy

so im asking how much of a jump in my fico will i get

This account was settle in 10/25/06

thank you all,

andy

Message Edited by ohboy on 07-10-2007 03:57 PM

Message Edited by ohboy on 07-10-2007 04:35 PM

Anonymous · ‎07-10-2007

Your score change depends on the age of the CO. Regardless of score, it is always better to get a CO removed. Your report will look so much better without it.

Bruiser · ‎07-10-2007

well,..it does depend on what else you have on your report

but my one CO on TU is holding me back about 100 points from what i've been monitoring over time

its a 3k CO

also, from what i've experienced a CO snatches your point increases in a bear trap!

even with paying my CC balances below 10%, i saw no point increase from TU (the one with the CO)

and I saw 20+ increases from EQ and EX

BK 7 Filed: 08/07/15
BK 7 Discharged: 11/04/15
Discharge Scores: Equifax (572) - TransUnion (586) - Experian (511)
Goal: 700+
Credit Cards: NFCU nRewards ($500) - CapOne Platinum ($300) - CapOne QuicksilverOne Rewards ($300) - Victoria's Secret ($250) - Firestone ($1200)
Auto Loan: NFCU ($34.6K @ 7.7%)

Anonymous · ‎07-10-2007

Do have one more CO from 12/03

and a judgement from 4/04

Anonymous · ‎07-10-2007

I had a charge off and a collection deleted and I gained 33 points. They were two years old.

Bruiser · ‎07-10-2007

ohboy wrote:
Do have one more CO from 12/03
and a judgement from 4/04

i just have that one CO on TU

no other CO's or judgements

BK 7 Filed: 08/07/15
BK 7 Discharged: 11/04/15
Discharge Scores: Equifax (572) - TransUnion (586) - Experian (511)
Goal: 700+
Credit Cards: NFCU nRewards ($500) - CapOne Platinum ($300) - CapOne QuicksilverOne Rewards ($300) - Victoria's Secret ($250) - Firestone ($1200)
Auto Loan: NFCU ($34.6K @ 7.7%)

Anonymous · ‎07-10-2007

how did you get the CO removed? I have a CO with status as of November 05 that I know is holding me down on Equifax (691).