Oct 28
Most folks do not have any idea what to do about charge-offs when they show up on their credit report. A charge-off is an indication that the initial creditor has written the loan off as a loss, therefore they are no longer aggressively trying to collect on the loan. However, it still shows on your credit report and it is not a surprise that most people do not know what to do about a charge-off. Should they pay off their contract or should they leave it alone? A lender will try to collect fo
