WHAT DOES CHARGE OFF STAND FOR

Submitted by ygonzalez29 on Wed, 05/04/2011 - 04:26
Forums

WHAT DOES CHARGE -OFF MEANS WHEN LOOKING AT YOUR CREDIT REPORT ON AN ACCOUNT THAT HAS BEEN PAID. PLEASE ADVISE

#anonymous (not verified)

They have stopped collection efforts on this account and may have sold this account to a collection agency. Now, the CA might again pursue collection efforts on this account.

Tue, 05/10/2011 - 06:42 Permalink