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#2266732 - 02/23/22 01:19 PM Monthly payments made to a Charge Off
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Joined: Nov 2008
Posts: 1,109
In the mountains
Are monthly payments made to an account that was charged off reported to the credit bureau, or is it only reported when the charge off has been paid in full?
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#2266733 - 02/23/22 01:31 PM Re: Monthly payments made to a Charge Off Likes to Comply
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,389
Galveston, TX
Original Charge-off Amount

For Status Codes 64 and 97 (all portfolio types), report the original amount charged to loss, regardless of the declining balance. Report whole dollars only.

If payments are received from the consumer, report the outstanding balance in the Current Balance and Amount Past Due fields.
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