Joe DiMaggio was one of the best all-round baseball players in the history of the game, helping the New York Yankees to nine World Series titles.
The creditor is the one who reported the charge-off, and so it is he who can remove it once the debt gets paid. If you want to remove the charge-off on credit report, you will have to talk to the original creditor about the payments and request that he pulls back the account from the collection agency. However, this will depend on whether or not the account has been sold off.
Most items can be listed on your credit report for only seven years. Remember the âSeven Year Itchâ. Charge-offs. Charge-offs are items listed as âuncollectibleâ. The credit report drop-off time is seven years plus 180 days or six months from date of the delinquency, not from the date of the charge-off.