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Check with seller How To Remove A Charge Drop Off From Your Credit Report Fort Lauderdale
- Location: Fort Lauderdale, Florida, United States
How To Remove A Charge Drop Off From Your Credit Report ? A credit charge-off occurs when a creditor determines that a debt is unlikely to be collected. Typically, this happens after a prolonged period of non- payment, often six months. The creditor writes off the debt as a loss for accounting purposes, but it doesn’t mean the debtor is off the hook. The debt remains valid, and the creditor may continue to pursue collection efforts or sell it to a third-party collector.
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