Answer
Dear TYC, Paying a closed or charged off account will not typically result in immediate improvement to your credit scores, but can help improve your scores over time.
DO’S AND DON’TS OF CLOSED ACCOUNTS ON CREDIT REPORTS
How Closed Accounts W/Balances Affect Your FICO/Credit Karma Score
Should I pay off closed accounts on credit report?
Dear TYC, Paying a closed or charged off account will not typically result in immediate improvement to your credit scores, but can help improve your scores over time.