Aging Paid Charge Offs

[Anonymous]

Quick question.

I have three recent charge offs on my CRs.  All three were paid off in 2018 (one in June, the other two in July).  Does the impact of paid charge offs lessen over time like late pays or do they remain consistent?  I'm wondering if my score will increase when they hit the two year mark. 

Also, where can I find a glossary of abbreviation for this forum. I get so lost sometimes reading posts 😀

[Brian_Earl_Spilner]

It's more about they stop updating so you stop getting dinged by them.

[Brian_Earl_Spilner]

Here's the abbreviations thread

https://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/m-p/88458#M23

[Anonymous]

Okay.  So the aging doesn't necessarily help the score, but the CO doesn't keep updating as a fresh ding each month. 

Thank you!

[Anonymous]

Thanks again!