Can anyone tell me how much a paid $50.00 charge off will cost me in FICO points, loan rates, auto financing, etc? I had this item deleted several months ago, but it keeps popping back up on one of my credit bureau reports. The other two credit reports remain 100% clean, although with scores in the low 600's. Do you think a paid $50.00 charge-off on one report will cause me any major problems getting a mortgage or auto financing in the future? Thanks in advance for your help. Calmest_LA
Should not hurt your chances of getting a mortgage. As far as scores... RNG! LOL (could not pass that up) HI GEORGE!