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2. What is a credit card charge-off? - AOL

   www.aol.com/finance/credit-card-charge-off...

   A charge-off is a debt that has gone unpaid for a sufficient amount of time and is deemed uncollectible by the creditor. ... out your debt, that’s not the case. The write-off is purely an ...

3. What is a pay-for-delete letter? - AOL

   www.aol.com/finance/pay-delete-letter-195458239.html

   The premise of a pay-for-delete letter is simple: You offer to pay off the debt, either in full or as a negotiated settlement, and the creditor erases the account from your credit history. However ...

4. Do I have to pay off credit card debt that’s been ... - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   At a certain point (usually 90 to 180 days later) when it is no longer profitable to carry the debt, credit card companies will take steps to get unpaid debts off their books so they can focus on ...

5. Charge-off - Wikipedia

   en.wikipedia.org/wiki/Charge-off

   A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off.

6. Write-off - Wikipedia

   en.wikipedia.org/wiki/Write-off

   Similarly, banks write off bad debt that is declared non collectable (such as a loan on a defunct business, or a credit card due that is in default), removing it from their balance sheets. A reduction in the value of an asset or earnings by the amount of an expense or loss.

7. What debts can’t be removed from your credit report? - AOL

   www.aol.com/finance/debts-t-removed-credit...

   Type of debt. Length of time on report (after payoff) Credit card. Up to 7 years. Student loans. Up to 7 years. Foreclosures. Up to 7 years. Money owned to/guaranteed by the government