?? About charge-off status...

Discussion in 'Credit Talk' started by c5kirk, Jul 5, 2001.

  1. c5kirk

    c5kirk Well-Known Member

    Does anyone out there know if a paid charge-off will result in a higher FICO than an unpaid charge-off? I know that for getting a mortgage it needs to be paid off, I'm just not sure if having it paid off will actually increase a FICO score or if it simply sees a charge-off, of any status, as a charge-off. TIA!

  2. tmitchell

    tmitchell Well-Known Member

    I'm pretty sure they are scored the same. The fact that the CO occurred is what I think drives the FICO score.

    If I'm wrong, someone will correct me.....


Share This Page