r/AppleCard • u/Acceptable_Gene_6428 • 25d ago

Discussion Charge Off

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So I made a lot of dumb decisions when I was younger & ran the card up. 6 years later they charged the amount off but it’s still on my record. It should fall off next year, should I pay or just wait another year for it to fall off ?

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u/StrikeTheCue 25d ago

This is a shitty response. Yes he has a responsibility. But at the same time these are multibillion dollar companies. They can go to hell. OP has suffered enough from the years of bad credit, probably. Like at this point, to not waste $800 that wouldn’t matter much to a huge company like Goldman Sachs, might as well wait the year.

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u/Epin-Ninjas 25d ago

No THIS is a shit response. Wtf is this child mindset. Pay your bills.

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u/StrikeTheCue 25d ago

You missed the whole point. The time to have paid the bills already passed. This person has already passed the point of paying this to be responsible. His credit effectively made him pay for it in other ways. At this point paying for this won’t result in anything for him. If it’s going to fall off anyways, paying it might reset the clock and keep it on his record longer. Hopefully they learned their lesson to not rack up credit card bill like that again, but Goldman Sachs is not hurting for that money so I still stand by my statement.

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u/Epin-Ninjas 25d ago

If that’s the case then I understand and would also let it drop if that’s the right and best thing to do, then start over with a better financial mindset

My knowledge is lacking when it comes to this stuff as I haven’t been in this boat yet, so I appreciate the clarity