So, without further adieu, letâs take a look at the Kiss logo, arguably one of the best band designs of all time. Originally known as Wicked Lester, the group changed their name to Kiss with the addition of Ace Frehley to the band lineup of Paul Stanley, Gene Simmons and Peter Criss.
1 Charge-offs are items listed as âuncollectibleâ. The credit report drop-off time is seven years plus 180 days or six months from date of the delinquency, not from the date of the charge-off.  All civil suits and some criminal arrests, as long as the statute of limitations is not longer than seven years.
The credit card that is in collections is a closed account. Paying it off will not take that bad item off your credit report and it will have little to no effect on your poor score. Accounts that are charged off will stay on the credit report for 7 1/2 years after first delinquency. Paid off nor not.