Charge-Offs are the most difficult account to get removed from a credit report, however, there are ways to improve them or get them removed. It all starts with accuracy of reporting. Credit scores are generated by the data contained in the credit report. So if a paid charge off is reflecting as unpaid, you are losing valuable points on your credit. This is where Credit Wellness Solutions can help you. We do a full audit of each account to ensure reporting accuracy, we then dispute the inaccuracies. If the account is not reporting 100% accurately, after disputing we can possibly take the creditor or credit bureaus into arbitration if the creditor has an arbitration clause in the original lending agreement. Likely, the account will be removed and the creditor will offer a settlement outside of arbitration. Getting paid and getting a negative account removed from your credit report? What’s not to like about that! Schedule a consultation with us to see if we can help you get that charged off account removed from your credit report.
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