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Regulation on Reporting Charged Off ODP

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Question: 
If we report our ODP accounts to the credit bureau and one gets charged off, what is the regulation for how many months can it be reported?
Answer: 

I am unsure how you would report an ODP to a credit bureau on an on-going basis unless you are talking about an actual line of credit. ODP refers to an overdraft program that is discretionary by the bank.

First published on 06/03/2018

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