Success!!!

[chane]

Originally Posted by zyal8trr

Well if the date of first delinquency is not more than 7 years ago, you'll have to send a goodwill letter to the original creditor or bank asking them to basically do you favor and report to the credit bureaus to remove it. If the date of first delinquency is more than 7 years ago, you can call the credit bureau and tell them the account should be removed immediately since it is more than 7 years old.

Why can't he dispute it with the CRAs?

[zyal8trr]

Originally Posted by chane

Why can't he dispute it with the CRAs?

Read my post, I said he can.

"If the date of first delinquency is more than 7 years ago, you can call the credit bureau and tell them the account should be removed immediately since it is more than 7 years old."

If he disputes a charge-off that was say, 2 years old, with the any of the credit bureaus(CRA's), his chances of getting it removed are slim, as the CRA will just validate it with the original creditor. Sure there's chance the original creditor may not respond to the CRA if that's what you're getting at.

[chane]

Originally Posted by zyal8trr

Read my post, I said he can.

"If the date of first delinquency is more than 7 years ago, you can call the credit bureau and tell them the account should be removed immediately since it is more than 7 years old."

If he disputes a charge-off that was say, 2 years old, with the any of the credit bureaus(CRA's), his chances of getting it removed are slim, as the CRA will just validate it with the original creditor. Sure there's chance the original creditor may not respond to the CRA if that's what you're getting at.

You can dispute it no matter how old it is. That's usually the most powerful way to get a charge off removed. The best way to do it is in writing.