The way I see it - you've got a few options.the second is an equity line through Bank Of America for 90k...we have not gotten statements for a long time. It shows up on one of our credit reports but not the other 2 (not sure why that is). We never modified on our house so we are paying 6% on the original 1st mortgage.
Eh... I really hate to tell you to poke the fire. But you could request a "pay off" statement for the 2nd from whoever is servicing it, and see if the Interest is still accruing. It wouldn't always show up properly in Credit Reporting.Thank you AGAIN OneHugeMess. Every month the charge off has shown on our credit, it has only shown the original charged off amount. Once the account was charged off, we never received another statement. If it was compounding interest, would it show on the credit reporting? If not, there is no way for us to know unless we call and start talking.
Interesting that it's only Bank of America. Does your Online Banking login still work for them? Can you see anything when you log in. I would not call just yet.We have never received anything other than from Bank of America...nor does it show up as any other company on the credit report..it is not showing up at all on Transunion but it is on the other 2....both as BOA.