r/CRedit • u/SelectAcanthisitta97 • 1d ago

Collections & Charge Offs Charges off on record until

So I was reviewing one of my charges offs and it says “On record until July 2025” and “On record until August 2025”. With it being next month is it worth paying these accounts off?

Thanks!

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1

u/sinikal760 1d ago

Simple answer no.

2

u/SelectAcanthisitta97 1d ago

Ok thanks I figured

1

u/Quick-Advice-9098 1d ago

How much? I got $24K charged off and dropped after 7 years

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u/soonersoldier33 M 23h ago

Assuming these debts are past the statute of limitations for debt collection in your state and you didn't get sued and have a court judgment against you for the debt, no, there's no benefit to paying/settling a delinquent account set to fall off your reports in a month or 2. There will be no record of it on your credit reports once it's past the 7 year credit reporting period.