We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These two phases often get lumped together in conversations about debt, ...

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 ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

With costs continually rising and borrowers' budgets stretched to their limits, millions of Americans have found themselves carrying debt that's gone unpaid for months or even years on end. But when ...

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

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 ...

STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...

U.S. credit card delinquencies and net charge-off rates increased month-over-month as consumer sentiment hit an all-time low.