Tag Archives: charge-offs

How Long Does It Stay on My Credit Report?

If your credit report includes some negative items, it’s important to know how long they will remain there. Every negative mark on your credit report has some impact on your overall credit score, so the sooner a negative mark no longer shows up, the better. If you’re trying to improve your credit score, take a […]

What is a Charge-Off and How Does it Impact Your Credit Score?

The jargon used by creditors can be just as troublesome as that used by lawyers. Things are not always as they seem, and it is important to know the specifics of any credit situation to avoid undue stress. If a creditor informs you of a charge-off imposed on your account, it does not mean that […]