<Both are obviously bad, but I would receive an I-9 if I did not pay a penny. I don't feel I should receive this notation since I have paid it off. I have talked to the company and they told me that since it was in collections the account was considered a charge off. The will not budge on changing it. >I agree with this completely. Once a charged off account is paid then paid is all the creditor should report to the agencies, especially if it has been off fairly quickly and with large sums. This fulfills your obligation to them in full. I think that many of these rules and laws work unfairly against the consumer and should be changed. Paid accounts should not be penalized with such derogatory data as an I-9. Like you I have a charged off account that I am paying off fairly fast. But I go back and forth some times about whether it's worth it do if this derogatory data will remain in my file for x number of years and affect everything from apartment rentals to opening up new savings accounts even after it has been paid off!
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