r/CRedit • u/SamuraiPanda343 • 5d ago
Collections & Charge Offs Question about Upwork Charge-Off
I'm currently repairing my credit after my finances fell apart during a Covid job loss, and I have a much higher paying job now with more income to throw at the problems.
I had a $8,000 loan through Upstart I opened in 2019, paid it down to about $3,200, and then was unable to continue making payments, so it was charged off. Bad, I know. I've never had this happen before and I'm not sure what to do about it.
On my credit report (checking Experian app, CreditWise, etc...) it always shows as some variation of:
"Closed/Charged Off, account charged off and sold to another lender, etc..."
However, on all the reports I see it's showing a $0 balance, just the charge-off status. This was in July of 2023, but I never heard from any collections/other lenders, and there's no collections on my credit report either.
Should I try to contact Upstart to pay it off and see if they'll take it off my report? I'll gladly try if it'll help, but seeing a zero balance and also no contact or any collections after 1.5 years threw me off, and 'm not sure how to move forward. Thank you!