168,961 charge offs

were removed from Lexington Law
clients' credit reports in 2010

2010 Charge offs Removed by Creditor/Company
Creditor Name
2010 Items Removed
AAC110
AARGON AGENCY INC85
AARON RENTS INC103
AARONS SALES AND LEASE O412
ABSOLUTE COLL SVC59
AES310
AES/PHEAA103
AFNI501
AFNI, INC.100
AFNI-BLOOM330
ALLIANCEONE INC113
ALLIANCEONE REC MGMT SEP126
ALLIANCEONE REC MGT SPEC479
ALLIED INTERSTATE256
ALLIED INTERSTATE INC218
ALLTEL COMMUNICATIONS240
AMERICAN EXPRESS1,527
AMERICAN GEN FIN201
AMERICAN GENERAL FINANCE72
AMERICAN HONDA FINANCE138
AMERICREDIT223
AMERICREDIT FINCL SERV275
AMERISTAR FINANCIAL CO60
AMEX547
APPLIED BANK769
APPLIED BNK69
APPLIED CARD BANK106
ARIZONA PUBLIC SERVICE70
ARMY/AIR FORCE EXCHANGE63
ARROW FINANCIAL SERVICES80
ARROW SER138
ARVEST BANK98
ASCENT CARD SERVICES69
ASPEN193
ASPIRE446
ASSET ACCEPTANCE LLC261
AT&T71
AT&T CONSUMER SERVICES103
AT&T CREDIT MANAGEME60
AT&T CREDIT MGMT CTR632
BALLY TOTAL FITNESS265
BANK OF AMERICA5,130
BANKFIRST103
BARCLAYS BANK DELAWARE191
BAY AREA CREDIT SVCS INC63
BENEFICIAL NAT BANK USA120
BENEFICIAL/HFC197
BENEFICIAL/HOUSEHOLD FINANCE CO60
BEST BUY/HSBC66
BK OF AMER738
BP OIL/CITIBANK SD NA135
CACH LLC116
CALIF STUDENT AID COMM93
CAP 1 BANK106
CAP ONE1,383
CAP ONE 143
CAP ONE BK269
CAPITAL 1 BK247
CAPITAL ONE1,500
CAPITAL ONE AUTO FINANCE165
CAPITAL ONE BANK349
CAPITAL ONE BANK USA558
CAPITAL ONE BANK USA NA3,789
CAPITAL ONE SERVICES146
CARE CREDIT /GEMB352
CARE CREDIT/GEMB770
CARECRD/GEMB65
CAVALRY PORTFOLIO SERVIC80
CAVALRY PORTFOLIO SVCS140
CBUSA/SEARS553
CBUSASEARS279
CCS/FIRST NATIONAL BANK146
CENTER POINT ENERGY ENTE66
CENTER POINT ENRGY/ENTEX152
CENTERPOINT ENERGY147
CENTERPOINT ENERGY ENTEX82
CENTRAL FINANCE CONTROL66
CERTEGY358
CHASE2,635
CHASE AUTO FINANCE80
CHASE BANK71
CHASE BANK USA681
CHASE BANK USA NA1,637
CHASE BANK USA, NA322
CHASE BNK-FRMLY PRVD/WAM479
CHASE CARD SERVICES59
CHASE NA561
CHASE/BANK ONE CARD SERV1,356
CHRYSLER FINANCIAL148
CINGULAR WIRELESS96
CIT BANK/DFS69
CITGO/CITIBANK SD NA86
CITI332
CITI CARDS CBSDNA131
CITI CARDS/CBSD NA175
CITI CARDS/CITIBANK72
CITIBANK256
CITIBANK CBSD NA412
CITIBANK NA285
CITIBANK SD NA122
CITIBANK SD NA/SHELL154
CITIBANK SD, NA78
CITIFINANCIA65
CITIFINANCIAL675
CITIFINANCIAL AUTO214
CITY OF SAN DIEGO83
CMI71
CMRE FINANCIAL63
COLLECTION538
COLLECTION BUR OF AMER66
CONSUMER PORTFOLIO SVS59
CONTINENTAL FINANCE/1ST BANK DE65
CORNERSTONE CREDIT SERVI70
CORTRUST BANK128
CPU/CITIBANK CBSDNA109
CREDIT COLLECTION SERVIC163
CREDIT CONTROL CORP95
CREDIT FIRST NATL ASSOC103
CREDIT MANAGEMENT LP461
CREDIT ONE BANK1,189
CREDIT PROTECTION186
CREDIT PROTECTION ASSOC224
CREDIT SYSTEMS INT INC118
CREDITONEBNK104
CRESCENT JEWELERS177
CROSS COUNTRY BANK76
DAKOTA STATE BANK83
DEFENSE FIN & ACCT SVC127
DELL COMPUTER/WEB BANK71
DELL FINANCIAL SERVICES443
DIRECT MERCHANTS BANK94
DISCOUNT TIRES/GEMB76
DISCOVER CARD69
DISCOVER FIN119
DISCOVER FIN SVCS LLC92
DISCOVER FINANCIAL S92
DISCOVER FINANCIAL SERVI198
DISCOVER FINANCIAL SVCS LLC110
DISCOVER FINCL SVC LLC636
DIVERSIFIED ADJ SVC150
DP OF EDUC59
DSNB MACYS84
DSNB/MACYS152
EAF LLC107
ENHANCED RECOVERY CORP247
EOS CCA80
EQUIDATA72
EQUITY ONE66
ER SOLUTIONS128
EXPRESS69
EXPRESS RECOVERY67
FINGERHUT/METABANK84
FIRST BANK OF DELAWA61
FIRST BANK OF DELAWARE230
FIRST BANK OF DELAWARE /84
FIRST NATIONAL BANK92
FIRST NATIONAL CREDIT CA254
FIRST PREMIER1,079
FIRST PREMIER BANK4,063
FIRST SAVINGS CREDIT CAR59
FIRSTBKDE/CF161
FNCC76
FORD CRED80
FORD MOTOR CREDIT464
FRANKLIN COLL SVC115
FRANKLIN COLLECTION SERV70
FRIEDMANS JEWELERS869
FROST NATIONAL BANK66
FST PREMIE226
FST PREMIER332
FUNANCING/GECCCC/GEMB74
G M A C59
GC SERVICES128
GE CAPITAL/WALMART60
GE/JCPENNEY146
GEMB/BELK125
GEMB/CARE CREDIT226
GEMB/DILLARDS185
GEMB/GAP101
GEMB/JC PENNEY247
GEMB/JC PENNEYS149
GEMB/JCP803
GEMB/LOWES163
GEMB/OLD NAVY128
GEMB/SAMS83
GEMB/SAMS CLUB115
GEMB/SAM'S CLUB99
GEMB/WALMART250
GINNY'S INC81
GLA COLLECTIONS66
GLOBAL PAYMENTS CHECK RE62
GMAC464
GREEN TREE135
HFC65
HOUSEHOLD BANK167
HOUSEHOLD CREDIT SERVICES565
HOUSEHOLD FINANCE138
HSBC AUTO97
HSBC AUTO FINANCE1,062
HSBC BANK8,111
HSBC BANK 128
HSBC BANK NEVADA105
HSBC BANK USA/NATIONAL A60
HSBC BEST BUY389
HSBC NV393
HSBC RETAIL SERVICES100
HSBC TAXMASTERS102
HSBC/BSTBY95
HSBC/RS59
HSBC/SCUSA120
HSBC/TAX73
HSEHLD FINANCE BNFL FINC205
I C SYSTEM136
I C SYSTEM INC91
I C SYSTEMS COLLECTIONS141
IMAGINE425
IMAGINE CARD/FIRST BANK OF DE67
JEFFCAPSYS134
JEFFERSNCP115
JON BARRY & ASSOCIATES64
KANSAS COUNSELORS INC83
KAY JEWELERS111
LANE BRYANT69
LEASE FINANCE GROUP INC77
LIMITED EXPRESS110
LVNV FUNDING506
LVNV FUNDING LLC605
LVNVFUNDG83
M&I BANK68
MACYS128
MACYS DEPARTMENT STORES154
MACYS FEDERATED DEPARTME107
MACYS/DSNB65
MACYS/FDSB144
MBNA AMERICA85
MEDICAL373
MEDICAL DATA SYSTEMS INC128
MERRICK BANK289
META BANK186
MIDLAND182
MIDLAND CREDIT MANAGEMEN137
MIDLAND CREDIT MGMT INC109
MIDNIGHT VELVET263
MILITARY STAR138
MONROE & MAIN73
NATCREADJ90
NATIONAL CREDIT ADJUST84
NATIONAL GRID SERVICE CO137
NAVY FEDERAL CR UN74
NCA240
NCO - MEDCLEAR332
NCO - MEDCLR95
NCO / NCO PORTFOLIO FUND101
NCO FIN /99100
NCO FIN/22153
NCO FINANCIAL1,146
NCO FINANCIAL SYSTEMS527
NCO FINANCIAL SYSTEMS IN224
NCO- MEDCLR111
NDC CHECK SERVICES81
NELNET78
NELNET LNS76
NEW YORK & COMPANY68
NEWPORT NEWS82
NICOR GAS69
NISSAN MOTOR ACCEPTANCE211
NJ HIGHER EDUCATION65
NORDSTROM FSB95
NTL RECOVERY AGENCY70
PALISADES74
PALISADES COLLECTION LLC100
PC RICHARD/GEMB70
PEACH DIRECT/GEMB141
PEAK 5199
PEOPLES ENERGY79
PINNACLE FINANCIAL GROUP69
PIONEER MILITARY LENDING64
PLAINS COMM74
PLAINS COMMERCE BANK761
PORTFOLIO140
PORTFOLIO RECOVERY94
PR TELEPHONE CO145
PREFERRED CREDIT61
PRESIDIO/CM85
PROFESSIONAL ACCOUNT MGM128
PROVIDIAN226
PROVIDIAN FINANCIAL243
RECEIVABLES PERFORMANCE71
RJM ACQ LLC71
RJM ACQUISITIONS LLC/ RJ383
RJM ACQUISITIONS LLC/RJM124
RJM ACQUISITIONS LLC/WAS88
RMI/MCSI60
ROADLOANS.COM201
SALLIE MAE1,227
SALLIE MAE LSCF61
SALLIE MAE-FFELP87
SALUTE774
SALUTE/URBAN TRUST BANK144
SALUTE/UTB107
SANTANDER CONSUMER USA477
SEARS/CBSD1,460
SEARS/CITIBANK110
SECURITY FINANCE CORPORA168
SEVENTH AVENUE325
SHELL/CITIBANK SD132
SHELL/CITIBANK SD NA208
SOUTHERN CA EDISON112
SOUTHERN NEW ENGLAND TEL67
SPIEGEL219
SST/COLUMBUS BANK & TRUS129
STATE COLLECTION SVC63
SUN LOAN75
SWISS COLONY267
TARGET CORP78
TARGET N.B.66
TARGET NATIONAL BANK339
TARGET NB71
TEXAS GUARANTEED STUDENT128
THD/CBSD97
THE CBE GROUP INC-FORMER261
THE HOME DEPOT/CBSD330
TNB-TARGET342
TNB-VISA70
TOYOTA MOTOR CREDIT60
TOYOTA MOTOR CREDIT CORP91
TRIAD FINANCIAL444
TRIBUTE953
TRIBUTE/FBOD167
TU ELECTRIC670
TXU ENERGY697
U.S. DEPT OF VETS AFFAIR101
UCB COLLECTIONS80
UNITED COLLECT BUR INC99
UNITED CONSUMER FIN SVC76
UNITED STUDENT AID FUNDS107
UNIVERSITY OF PHOENIX146
US BANK271
US BANK RMS CC258
US DEPT ED168
US DEPT OF EDUCATION357
USA FUNDS175
VERIZON552
VERIZON CALIFORNIA224
VERIZON FL118
VERIZON MARY234
VERIZON MARYLAND INC80
VERIZON NEW JERSEY INC76
VERIZON NEW YORK INC126
VERIZON NJ503
VERIZON NRTH77
VERIZON NTH90
VERIZON NW E155
VERIZON NY541
VERIZON PEN596
VERIZON PENNSYLVANIA72
VERIZON SW179
VERIZON VA254
VERIZON VIRGINIA INC83
VERIZON WIRELESS2,091
VERIZON WIRELESS - NORTH76
VERIZON WIRELESS - SOUTH243
VERIZON WIRELESS GREAT L93
VERIZON WIRELESS WEST144
VERIZON WIRELESS/SOU93
VERIZON WIRELESS/SOUTHEAST104
VERIZON WIRELESS-WES77
VICTORIAS SECRET78
WACH/REC233
WACHOVIA BANK264
WACHOVIA BANK NA1,237
WACHOVIA BANK NA RECOVER270
WACHOVIA BANK OF DE/76
WACHOVIA BANK OF DE/FTU129
WASH MUTUAL/PROVIDIAN99
WASHMTL/PROV258
WASHMUTUAL/PROVIDIAN70
WEB BANK136
WEB BANK/DFS113
WEBBANK/DFS78
WELLS FARGO119
WELLS FARGO AUTO FINANCE83
WELLS FARGO BANK116
WELLS FARGO BANK/WB117
WELLS FARGO BK122
WELLS FARGO CARD SERVICE67
WELLS FARGO FINANCIAL251
WELLS FARGO FINANCIAL AC123
WEST ASSET MANAGEMENT60
WEST ASSET MGMT261
WF FINANCIAL CARDS147
WFFINANCE86
WFNNB/BEALLS62
WFNNB/EXPRESS106
WFNNB/VICTORIA'S SECRET66
WISCONSIN ELECTRIC119
WORLD FINANCE COMPANY93
WORLD FINANCE CORP62

Charge Off Does Not Mean Erased

You may still owe the debt that was charged off

Make no mistake: unpaid and ignored debt is not forgotten debt. Even if a creditor gives up on ever getting paid, they'll often list the item as a "charge off" or a "profit and loss write-off."

This doesn't mean that you no longer owe the debt. This just means that your original creditor has written the outstanding debt off against their corporate taxes. While this process allows the collection agency to minimize some of their loss, your credit report remains in danger.

Charge offs are a prime example of how a single late payment, if left unpaid and unaddressed, can grow into a much larger, more damaging problem. If you are thinking about not paying your current financial obligations, consider the impact it can have on your long-term credit goals.

Falsely, many consumers believe that the term, "charge off" implies debt freedom. In fact, it's quite the opposite: a charge off notation can remain on your credit report for up to 7 years. What's more, simply paying off past-due charge-offs won't neutralize their negative status. Paid charge offs still show up as severe negatives. It's important to note that credit reports don't just show your current credit situation, but they also show what your credit situation has been in the past. Therefore, a past charge off can do a great deal of damage to the credit score even if it was paid off. This is one of the great ironies of the credit reporting system; paying your past-due debts does little to immediately increase your credit score.

Charge off listings on your credit report can:

  • Cause a decrease in your credit score
  • Remain on your credit report for 7 years, regardless of payment
  • Add late fees and penalties to your original debt
  • Result in collection agency calls, letters and emails
  • Result in the collections agency taking additional legal action against you

Lexington Law has helped thousands of clients remove questionable charge offs from their credit reports. In 2010, through effective credit bureaus challenges and legally crafted creditor interventions, Lexington Law challenged over 13,000 creditors like Sallie Mae, Verizon, Discover, and the U.S. Department of Education to assist in over 150,000 charge off removals.

In 2010 Lexington Law clients had over 168,961 charge offs removed from their Credit Reports.

To speak with a paralegal about your Charge Offs and other items on your Credit Report, Call now:

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