Most of my charge offs will be 2 years old this summer. Could I expect to see an increase after they age to this 2 year period? I thought I had read somewhere that most negative items lose their effect after 2 years.
Charge offs are one of the worst to have on your CR. Even though some negatives do hurt less after about 2 years, like a single 30 day late, IMO, a CO will hurt till gone.
