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Fico 9 and Charge offs

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
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New Contributor

Fico 9 and Charge offs

I understand fico 9 doesn't count paid collections as much as fico 8, but what about paid Charge offs? Is there any difference?
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Valued Contributor

Re: Fico 9 and Charge offs

I tried doing some research on this to see if I could find anything, but I was unable to find anything definitive. But, it generally seems like it would be treated pretty much the same as a paid collection from what I've read.
                               

Total Credit: $240,100Credit Utilization: 1%AAoA: 5 years, 7 monthsInstallments: Car Lease, Marcus LoanNegatives: 0

LOWES-35k | BOA-32.5k | AMEX-30k | DISC-27.1k | ALLIANT-25k | NFCU-25k | BARC-15k | BBUY-12k | CHASE-10k | WAL-10k | CITI-9.7k | PENFED-9.7k


Message 2 of 3
New Contributor

Re: Fico 9 and Charge offs

That is kind of what I thought. But I can't find it worded that way specifically.
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