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Charge-offs

Charge-offs

Having charge offs on your credit report, usually results in the consumer being denied credit by other lenders. Even worse, it can also affect the interest rate that other lenders charge on current debts even if those lenders were not impacted by the charge off themselves. If you have charge offs on your credit reports, your ability to obtain credit will be seriously impaired. The best thing you can do is remove charge offs from your credit report.

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