I have 2 accounts that are charged off(closed). Why are they affecting my score? I also have an account that I have paid off, and they’re holing that against me. Why?
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A charge-off has a negative impact on your credit score.
See https://www.experian.com/blogs/ask-experian/what-is-a-charge-off/
A charge-off has a negative impact on your credit score.
See https://www.experian.com/blogs/ask-experian/what-is-a-charge-off/
Closed accounts remain on your credit report for at least 7 years. A charge-off indicates that, while the account is closed, you paid less than the full amount owed, and that will impact your score for 7 years.
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