What Does Charge Off Mean On Credit Report

Find out what a charge-off means on your credit report

People love us on YelpFeatured in The Huffington PostAngies List GRADE AFICO Pro CertifiedFeatured in ForbesFeatured in ABC News

"Charge off" on a credit report means the creditor has deemed the account uncollectable. The creditor will then write the debt off and sell it to a collection agency. The collector adds it to the debtor's credit report for seven years (unless removed), dropping their score up to 100 points.

Get Your Charge Offs Professionally Removed

In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.

If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (866-271-3550) or setup a consultation with them. They also happen to have incredible customer service.

Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.

Remove Your Charge Offs, Today!

Schedule FREE ConsultationCall 866-271-3550

Remove Your Charge Offs, Today!

Schedule My FREE ConsultationCall 866-271-3550