Showing results for 
Search instead for 
Did you mean: 

Charge Offs And Rebuilding

Community Leader
Super Contributor

Re: Charge Offs And Rebuilding

@Wellspa wrote:
So when things have been charged off should you do a PFD or pay them?

@Wellspa  Depends who it is.   as stated, some will do a PFD, some won't. A PFD (in writing, get it in writing) is the best if you can. Either way, it will look better paid, and as it ages will have less impact. It also looks alot better than unpaid to an underwriter trying to make a decision to loan you money be it a loan or card in a manual review. 

Message 11 of 12
New Member

Re: Charge Offs And Rebuilding

Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.