r/CRedit • u/Low_Pie1312 • 16h ago

Collections & Charge Offs Charge off

I just received an email from my old trash company saying my account was charged off to a collection agency 3 days ago for $300. I just made the final payment on the trash companies website. Should I be worried about it being reported on my credit score?

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u/WhenButterfliesCry 16h ago

Is that the word they used, charged off? Or did they say it was sent to collections? Do you have a screenshot?

Have you pulled your credit reports at annualcreditreport.com to check if this account appears? If the account truly charged off, that usually means it's been delinquent for at least 6 months. A charge-off is one of the worst marks you can have on your reports and it cannot be removed for 7 years, so yes you should be worried about a charge-off.

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u/Low_Pie1312 16h ago

It says write off collection agancy.

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u/WhenButterfliesCry 16h ago

Does it show up on annualcreditreport.com? How long has this account been delinquent? When did you miss the first payment?

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u/Low_Pie1312 16h ago edited 16h ago

It has been delinquent since March. They just did the write off on the 28th of August. I have paid the balance on the trash compaines website as of yesterday. It isn't reported yet because its only been a few days.

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u/WiThrowaway55666 9h ago

That’s a relief! Like sometimes these things just take a little time to update. Have you checked your report recently?

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u/og-aliensfan 8h ago

Since you paid the collection prior to it being added it to your reports, they likely won't add it now. They pay to report and have no incentive to begin reporting once you've paid. You should contact the trash company and confirm that they've informed the collection agency the debt was paid.