payment after charge off

[SHANNA8102]

I had an account updated to payment after charge off. what does that mean?

[Trish]

I assumed it would mean that the consumer made a payment or payments after the acct was charged off.........but I noticed that Ford reported my CO acct that way after they sold it to a CA.

That's just my experience with it.

[markymw]

Originally Posted by SHANNA8102

I had an account updated to payment after charge off. what does that mean?

most of the time the bureaus dont investigate, so they just reword or add a statement ... Get validation from the creditor, tell them u disputed this thru a credit bureau.

[Trish]

Originally Posted by markymw

most of the time the bureaus dont investigate, so they just reword or add a statement ... Get validation from the creditor, tell them u disputed this thru a credit bureau.

You have got to stop misinforming people. How do you know that "most of the time the bureaus don't investigate"? If you are so certain of this.......do you have some sort of proof? And if so I would assume you were greatly rewarded after winning a lawsuit against them.

And once again.......creditors (OCs) do not VALIDATE your debt.....they VERIFY. There is a difference.

To the OP:
If the acct was updated to "payment after charge off" and this is not true.......you can dispute it if you want to OR speak with the creditor about how it's reporting. But in all reality, it is not making a difference in the charge off status, how it looks on your CR and how it is affecting your score.

[SHANNA8102]

Ok thanks i will check in to this.