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Charge-Offs/Collections
Charge-Off
A "charge off", or "write off" is a debt written off as uncollectible from the borrower. This usually happens after the debt is past due 180 days. The debt remains valid and subject to collection.
For more information, or to get started, click here.
A "charge off", or "write off" is a debt written off as uncollectible from the borrower. This usually happens after the debt is past due 180 days. The debt remains valid and subject to collection.
For more information, or to get started, click here.
