NewsBytes

What are charge-offs and how they impact your credit score

A charge-off is a severe, damaging entry on a person's credit report that can hinder future borrowing and remains on the ...

What is a charge-off, and how long does it stay on your credit report?

A charge-off is a serious credit report entry that damages credit scores, stays for seven years, impacts loans and credit ...

Credit Card Charge-Offs Soar: The Do’s and Don’ts Every Consumer Should Know

Ever missed a credit card payment and thought, “I’ll catch up next month”? Let it slide too long, and you could end up in “charge-off” territory, a term that sounds scarier than it is. A charge-off ha ...
Newspoint on MSN

What Is a Charge-Off and Why Does It Damage Your Credit Report?

When borrowers fail to make timely payments on loans or credit cards, banks can take one of the most serious actions against ...
Morningstar

As Charge-Offs Rise, Nonprofit MMI Highlights Growing Demand for Debt Resolution Program

STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...