A credit charge-off means the credit issuer has written the credit card account off as a loss because you are more than 180 days late on your payment. The debt may be transferred to a collection agency, and that’s where the real trouble begins. But you do have recourse. The Fair Credit Reporting Act (FCRA) […]
As you probably know, having a good credit score can work to your advantage in many ways. For instance, the interest rates you are charged on credit cards and loans is mainly based on your score. We have started to become a cashless society. With today’s technology, it is so much easier to tap and […]