The Charge-Off Center offers professional help to remove Charge-Offs as well as do-it-yourself strategies to dispute charge-offs. Charge-offs on credit reports is the No. 1 problem consumers have when attempting to rebuild credit; and, according to Bankrate.com it is the No. 1 reason for being denied credit. Charge-offs can be detrimental to a credit score, especially if they are recent. Learn different strategies to dispute charge-offs.
A single Charge-Off on your credit reports can keep you from being approved for credit.
Thousands of consumers have been helped by Lexington Law to remove inaccurate, untimely, misleading or unverifiable (questionable) Charge-Offs from their credit reports. Over 285,172 such Charge-Offs were removed in 2010 alone. To find out what can be done about Charge-Off removal from your credit report:
The majority of tough credit repair issues involve the dreaded Charge-Off. It may take several strategies to successfully remove a Charge-Off. While disputing with the credit bureaus may work for some Charge-Offs; tackling the original creditor may work with other Charge-Offs.
Several articles have been written and many questions have been answered about Charge-Offs. The answer to your question probably exists in one of the below articles:
How to Dispute a Charge-off
A charge-off on a credit report is detrimental to credit scores, especially if it is recent. Learn how to dispute a charge-off and get it removed.
Should charge-offs be disputed or left alone to drop off your credit report
Disputing a charge-off has pros and cons and sometimes may be better left to drop off your credit report
Can an original creditor rescind a charge-off account?
Original creditors may agree to pull back an account from a collection agency under certain circumstances.
How to resolve an auto loan charge-off when repossession did not occur?
A bank can charge-off an auto loan without repossessing the car but it does not mean you now own the car.
Can a charge-off have a past-due amount?
How to dispute an inaccurate past due amount in a charge-off listing on your credit report.
Can charge-off accounts due to identity theft be removed?
Taking immediate action, like filing an affidavits with creditors and making police reports can help you avoid negative information being put on your credit reports due to identity theft.
Can a charge-off transferred to a debt collector still continue to accrue interest
A debt is open and can accrue interest until paid and a charge-off does not necessarily relieve debtors from further interest charges.
Auto loan charged-off after credit union was paid in full
A charged-off car loan indicates there was some deficiency balance the bank had to write off which means at some time they will pursue payment or turn the account over to a collection agency.
What to do when credit bureaus refuses to remove a charge-off
Disputing negative credit may take several strategies in order to get the desired result, get different strategies to dispute charge-offs.
Strategies to Dispute Chase Credit Card Charge-Off
Charge-offs can be detrimental to your credit reports, especially if they are current. There are several strategies to tackle charge-offs and one of them may be dealing with the original creditor to get it removed.
How to Repair Credit with Multiple Charge-Off Accounts and Build New Credit
Repairing credit, especially when charge-offs are involved may take several strategies such as debt validation or factual disputes. As credit is repaired building new credit is essential.
Can a Charge-off Remain on your Credit Report Past 7 years
A charge-off should be removed from your credit report after 7 years has passed even if a collection agency purchases the debt.
Can you dispute the charged-off mileage overage on a leased vehicle
The mileage overage on a leased vehicle may be charged-off, hurting your credit score, if left unpaid.
How can a 2nd mortgage charge-off be removed from credit reports
2nd mortgage charge-offs can be disputed but it may be better to settle for less or seek bankruptcy counseling.
How to get a charge-off removed from credit reports
One of the most detrimental credit items on your credit report is a charge-off so it is important to get a charge-off removed, if possible, in order to save your credit score.
Does divorce relieve you from financial responsibility of a co-signed debt?
Divorce does not necessarily relieve an ex-spouse of his or her financial obligations for a co-signed car loan and a charge-off could end up on your credit report due to a deficiency balance.