Turning a Charged Off status into a Positive thing?

[dewdnoc]

Hello!

My name is Kevin, and like most of the people visiting this site, I’m beyond swimming in debt, but aside from excuses I’m the only one to blame. I’m determined though, to stop living ‘beneath the radar’ and get back up on my feet.

Searching through the information on this site (Which is very helpful) I’ve got a quick question I’d like to ask!

I recently had an account with Verizon Wireless, that went into a Written Off/Account Charged status. The collection is now being handled by a third party. When contacting them I offered to pay the amount in full up front, but since they are not the once reporting to the CA’s their not able to remove the item.

My question is this: If after paying in full the WO/AC line item, if I open a new account with Verizon, will my credit report reflect two line items (One in good standing, and one WO) Or will –hopefully- opening the new account with Verizon after the original is paid off leave my report just reflecting the new, current, and positive information.

Thanks in advance for any assistance you might have to offer.

Sincerely,

Kev

[invza1]

No it wouldn't help you.

Utilities like Verizon don't report regularly like a loan or credit card. They only report when your account is seriously delinquent and gets turned over to a collection agency.

If the usual credit repair techniques dont work on the bad TL and you open a new account with Verizon try a GW letter to them and keeping sending GW letters to them on a regular basis until they remove it.

[improving]

Correct! This won't help you at all.

You need to kiss butt to Verizon and goodwill letter them and state your situation and how it doesn't reflect you as a customer and credit worthy person, etc. (you'll get ideas on here) and that you greatly appreciate deletion and would like to remain a good customer of Verizon and enjoy their services....

Original creditors can forgive and forget and remove items from your report. So, keep trying! (don't deal with the CA's they won't help any.)

Good luck!