You can’t fix a charge off
Especially with credit card defaults – there’s no legit way to remove the charge-off record from your credit report. You will have to wait 2.5 yrs until it ages off your report.
A Charge-Off is one of worst things that can happen to your credit. Once you have a charge-off on your credit report the damage is done and cannot be fixed. It remains on your credit report for 7.5 years from the date of first delinquency. Even if you pay back the debt in full – the charge off record will continue to show up.
Paying off the collection account won’t change a bit. At best, your credit report would be updated to Paid/Settled R9 Charge Off status with a $0 balance. A little better but still pretty bad.
Even if the collection company agrees to delete the account entirely from your report in return for a full payment – they can’t remove the original charge-off that was reported by the credit card company. Pay For Delete Agreements (PFD) are only good for “single” items that are reported only by the collection agency such as unpaid medical bills/utility bills/cellular bills, bounced checks, gym memberships etc.
As time passes the affect of the charge-off on your credit score is reduced, but any potential creditor reviewing your credit report will be able to see that charge-off.
Your ONLY option is to wait the 2.5 years until it falls off.
Good luck