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    mrsvigre's Avatar
    mrsvigre Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 11, 2007, 01:23 PM
    Charge off credit
    What do it mean
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
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    #2

    Jul 11, 2007, 01:31 PM
    Did you have an account go into collection? If so I believe this means they have written off the debt for tax purposes, you still owe the money, they have just sold your account to a colelction agency
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