account status

Discussion in 'Credit Talk' started by DLSIZE, Jun 28, 2003.

  1. DLSIZE

    DLSIZE Active Member

    Contract created for the lease of business software with a PG attached.

    Delinquent for over a year.....but still shows 180 days overdue.

    Don't they have to classify as charge off? Is there a reason why it would be beneficial to be classified a charge off?

    What remedies here?
     
  2. jlynn

    jlynn Well-Known Member

    Funny thing is, DH had a Crap One on EX that was in perpetual 180 days past due. For grins I disputed. They changed it to a CO, and his score jumped 30 points.
     

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