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Charge off 2 years old

Frequent Contributor

Charge off 2 years old

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.

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Epic Contributor

Re: Charge off 2 years old

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.

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