Knowing the timeline between charge-offs and collections can help you take action before the issue gets worse.

Yes, a creditor or lender can still sue you after a charge-off, and they often do. That's because a charge-off is primar ...

Once a credit card is charged off, you might wonder if you can ever get it back. Here's what really happens next.

A charged-off debt can seem like it's gone for good, but the reality behind what happens next may surprise you.

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

The most common question I receive is “How much will a late payment, collection, charge-off, etc. affect my score?” The amount your score will drop will vary from bureau to bureau, and there is not a ...

It’s not necessarily the volume of auto loans that commercial banks are generating that has the Office of the Comptroller of the Currency (OCC) troubled. It’s the volume of paper that has defaulted ...

As the emerging form of artificial intelligence impacts payments, pace of payment disputes and the workload will change.

Drake Mills, Chairman, President & CEO, addressed the Tricolor charge-off, stating, "Our decision to charge off the entire Tricolor outstanding debt is extremely conservative. We do anticipate ...