If you see a charged-off account on your credit report and believe it shouldn't be there, send a debt validation letter to the collection agency to have the debt reversed. If you struggle to pay ...

Study the validation notice you receive from the creditor or debt collector to ensure there is no incorrect information present in the letter. A charge-off as bad debt will negatively impact your ...

A car loan charge-off happens when the lender does not believe you will pay off the loan, usually after a period of no payments. Potential consequences include damage to your credit score ...