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Settled Charge Off

Dawnnjoness
New Visitor

Settled Charge Off

How should a settled charge off report ? 


I agreed to settlement offer with OppLoans, however my EX report was updated and still shows a remaining balance. 

 

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1 REPLY 1
GatoradeZeroGuy
Valued Contributor

Re: Settled Charge Off


@Dawnnjoness wrote:

How should a settled charge off report ? 


I agreed to settlement offer with OppLoans, however my EX report was updated and still shows a remaining balance. 

 


sometimes it takes two updates, one subtracting the settlement amount, the next update going to $0 balance, but you should look on their website/call them to ask

It should report $0, settled for less than full balance

Starting FICO 8:

Current FICO 8:

2/6, 5/12, 9/24






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