Tech Insider

Our experts choose the best products and services to help make smart decisions with your money (here's how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

A lender discusses debt charge-off with borrower
While a creditor may stop collection attempts after a charge-off, a debt collection agency may continue to ask for payments.

PhotoAlto/Frederic Cirou/Getty

Tags
Personal Finance, Credit, Credit Score, pfi, Personal Finance Insider, Charge Off, Debt, PFI Freelance, PFI Guide, FAQ Page, TOC-jump-to, PFI-XAMP
Source
What is a debt charge-off?