I have two charge offs reporting on my credit report that is preventing my credit from improving. My current credit does not improve higher than 690. I currently hold Amex gold personal, Amex SPG and now approved for an Amex Business card. Chase Declined my application for two chase cards due to the charge offs. Does anyone know how to remove these charge offs or am i doomed lol

www.creditboards.com has good info on this topic. If the charge-offs are legit only time will heal those wounds.

Contact the issuer to pay off what is owed and then request they update the reporting agencies

It will still show but will have less harm on your credit score

Most CC banks sell off bad debts to debt collectors. If the debt has been sold, the bank can not collect it. You will probably be hearing from the collection agencies and you usually can pay them off at a reduced amount. If you deal with them get everything in writing, they are sort of the bottom feeders of the financial world.
Good luck.

Nonetheless, start with the CC issuers. Call them, get the payoff amounts, pay and confirm that the payment has been reported.

Hope that you can do this through the CC issuer. Paying less than full through a collection agency is better than not paying at all, but it's a writedown and that's close to as bad as not paying.

With the current cards, be scrupulous about ontime payments for a couple of years and things will start to improve.

Paying it off will help improve your score, however I read that it will stay on the report for 7 years and it is rare for the creditor to remove it before that.

Even if the comment is removed from the CB, many banks will still refuse to give credit to any person that had a write down, even if it was later paid back. They just don't want to take the risk.

Depends on who is reporting the charge-offs. If the owner of the debt is now a collection agency then I would ask the collection agency that in exchange for payment they should delete the the charge-off account from your credit reports. You should do this in writing. If the charge-off is still being reported by the bank then it may be a lot more difficult. Sometimes having a relationship with that bank helps, a mortgage, a car payment, deposit accounts with sizeable deposits. Do note that banks remember charge-offs even after they sell a debt. So if the two charge-off's are from Chase and a collection agency is now the owner of that debt, then getting another CC from Chase will be very difficult even if you manage to get the collection agency to delete the charge-off's.