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Can a charge off be on your credit twice for the same loan but with different dollar and account numbers?
Wiki User
∙ 8y ago
A company would not change an account number or an amount owed, in order to place it on the consumer's CR. They would not risk being sued for an illegal transaction. As an aside, the amount of paperwork would be costly and pointless. Either it is a mistake, which they should be made aware of by the consumer. Or it is another account that the consumer has defaulted on. Or it is identity theft, and it should be followed up on immmediately.
Wiki User
∙ 8y ago
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Can a creditor remove a charge off?
Yes, a creditor can remove a charge off from your account and your credit reports. Credit bureaus can also delete charge offs from your credit report if they are disputed and not verified.
What is a Charge-off in a credit report?
A charged off account is similar to a collection on your credit report. The creditor has written off the debt owed and closed the account. The debt is still valid though and can be collected on. The charge off will lower your credit score unless removed. You can dispute a charge off and this give the credit bureaus 30 days to verify the charge off or it must be removed from your credit report.
What is an in store charge account?
An in-store charge account is like a credit card account. If you qualify, the store will allow you to purchase items on credit. You are then required to make monthly payments to pay off the merchandise you buy. The store makes money by charging interest on the balance owed.
Chloe has a 2500 credit limit on her credit card and has charged 1295.19 to her account There is a 1.5 percent finance charge on the 1295.19 How much must Chloe pay to clear her account?
1314.62
Can you use a credit card to pay off other credit cards?
Yes. Contact your credit card company. They will need the account numbers of your other credit cards.
What can you use to purchase items at different locations and charge the item to your account?
Bank credit cards
How can I stop the charge when I can't recognize that charge in my credit card account?
Contact your bank or credit card company.
Is the physical card required for a thief to charge to my credit card account?
No the physical card is not required to charge to your credit card account. All they need is the credit card number and back code. So yes they can charge things to your card.
What numbers are on a credit card?
It depends on who's credit card. The numbers are your bank account, the date the credit card is validated for.
Can a creditor remove a charge off?
Yes, a creditor can remove a charge off from your account and your credit reports. Credit bureaus can also delete charge offs from your credit report if they are disputed and not verified.
Can you pay a credit account with a credit card?
Yes as long as it's a different account.
What is a Charge-off in a credit report?
A charged off account is similar to a collection on your credit report. The creditor has written off the debt owed and closed the account. The debt is still valid though and can be collected on. The charge off will lower your credit score unless removed. You can dispute a charge off and this give the credit bureaus 30 days to verify the charge off or it must be removed from your credit report.
Does a bank account charge off go on your credit report?
Yes, any charge off goes on.
What does overdraft on your checking account mean?
== == Overdraft on your checking account happens when a withdraw or check written exceeds the funds in the account. Often banks will honor the withdraw or check but then charge the account owner on the borrowed funds. Many banks will offer overdraft protection which will pull money from a different account (often a savings account, line of credit, or credit card).
How many times and how often can a collection agency post an account to your credit report as a charge off?
A collection agency cannot charge-off an already charged-off account. The reporting of the STATUS of the account AS a charge-off can be reported every time they update with the credit bureaus. The 'date of status' must be the date of the ORIGINAL charge-off.
When can a credit card company charge off your account?
after 30 days or sooner
Can they charge you an over the limit fee if your credit card is closed?
Yes, if the charge was made prior to closing your account.
