Should I wait or dispute the accounts with the CRA?

There are 3 charged-off accounts on my credit report. The SOL period will be over in 2015. I also have an account with Amex. The last payment was made in August 2010. They made an inquiry in January 2014. I don't have any job right now. Should I wait till the next year (when the SOL period will be really over) or should I dispute the accounts?

2 Answers

Why should you dispute the accounts? If creditors/debt collectors are reporting correctly, then they will be there on your credit report.


You're still liable to pay back the charged-off accounts and you even run the risk of getting sued by the collection agencies till the SOL is over. So, on what basis will you dispute the accounts?


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