When does the 5 year clock for Chexsystems start?

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1 - 2 of 2 Comments Last updated Nov 15, 2013
chiamrozoski553

Houston, TX

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#1
Nov 15, 2013
 
When does the 5 year clock for Chexsystems start?Is it 5 years from when it was first negative or 5 years from when you paid off the balance. I had an account that was reported about 3 years ago that I just finished paying off.

On that token, it was paid of to a collection agency through a Debt plan...what can I do to ensure the original bank reports this balance as 0?
terisalehne441

Houston, TX

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#2
Nov 15, 2013
 
chiamrozoski553 wrote:
When does the 5 year clock for Chexsystems start?Is it 5 years from when it was first negative or 5 years from when you paid off the balance. I had an account that was reported about 3 years ago that I just finished paying off.

On that token, it was paid of to a collection agency through a Debt plan...what can I do to ensure the original bank reports this balance as 0?.
This site can help you finding the best option for you:@www.credit-solutions.info

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