Paid/payment after charge off??

Discussion in 'Credit Talk' started by imkimssis, Feb 23, 2006.

  1. imkimssis

    imkimssis New Member

    I have a four accounts with the same company that were in 'charge off' mode. They were showing a balance. Now Equifax has reported an 'update'--three of the four accounts are NOW showing '0' balance and the status says 'PAID/Payment after charge off'. Now clearly since I haven't paid it or made a payment, it means that they've been sold, correct?
    that seems to be the big dilema, what does Paid/payment after charge off mean? sold?
    The company is still holding the one account, its the largest of the four. thanks, Imkimssis
     
  2. knielsen74

    knielsen74 Well-Known Member

    How old are they? Have you had any hard inquiries pulled on your report from unknown companies?
     
  3. imkimssis

    imkimssis New Member

    They were from 2002 and 2003. No, no inquiries on credit report lately--not since sometime last year.
     

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