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Is a charged off account still in collections if you have been paying as agreed?
Acct charged off when I was unemployed. Orig pymnt was 130/month. Been paying as agreed 500/month for over 12 months. Account was reporting Closed Pays as Agreed until I paid the debt down to below 25%. Then it changed to collections/charge off and they changed the payment section to CO instead of reflecting the monthly payment. Dropped by score 60 points. Is this legal?

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