Dear Credit Card Adviser, A few years ago, I had a credit card charge-off. After the charge-off, the lender took me to court and won a judgment for the amount I owed. My question is: Can the lender still report it as a charge-off on my credit report? It’s been a few years since the judgment. — JayDear Jay, You’re not alone with your charge-off question. Several readers have written in asking about how charge-offs are reported on credit reports and how long they stay there after the bad debt moves to a collector or judgment. The short answer is: A charge-off stays on your credit report for seven years from the date of the last delinquency, as dictated by the Fair Credit Reporting Act, or FCRA.
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