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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?

Asked on Tue, 02/04/2014 - 12:28
anonymous
2 Answers

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

Answered on Wed, 02/05/2014 - 10:27
ditchdebt

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?

Answered on Tue, 02/04/2014 - 15:39
Anonymous

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