Tagged: loan payments
I had an account that was status as collection/charge-off.* I settled the debt with the OC.* When they sent the new information to the CRAs it showed Paid in Full was Charged-Off but it also hanged my DOFD to the date that the settlment payment was paid.* My score dropped 100 points.* The OC has now fixed the DOFD but my score has not recovered.* I’m not sure what they did but paying a charged-off acount should not drop my score 100 points.
Any insight into this??
You must be logged in to reply to this topic.