Charge-offs can be removed. First it's important to understand that there are two types of charge-offs: paid and unpaid. The older the charge-off the easier it is to remove since the original creditor may no longer have any record of the account. Paid charge-offs can be even easier since the creditor has been paid and no longer has a financial reason to spend time or resources on arguing over credit reporting. However, in many cases removing a paid charge-off will actually LOWER your credit score.
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