Originally Posted by
PeasInAPod
perhaps i wasn't clear. IF you have a debt at the credit B. and you don't make a payment for 6 1/2 years, and then you DO make a payment, the clock will start again. My point was that the CB makes it difficult to be honest.
making a payment on a charged off debt does not reset the DFOC ( date of first delinquency ) which is the key date for a tradeline to report on a consumer credit report. Now this of course does not mean some data furnishers will not improperly report to the consumer's credit report; but illegal reporting can be dealt with.