Tag Archives: Finance Company

Co-Signer and Co-Borrower and Your Credit – What You Don’t Know Can Hurt You

Barbara E Hill asked: Before agreeing to be a co-signer or co-borrower with ANYONE, including family, friends or acquaintances, be aware that doing do obligates YOU to pay the account on the loan, bill or whatever it might be, if … Continue reading

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What does a credit card write off/charge off mean on a credit report?

gregwhatshisname asked: Due to some recent finance problems, my credit card company stated on my credit report a write off/charge off for the debt. ($19,000) The collection agency says that is just an accounting term and they can still collect … Continue reading

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