How Much Does a Charge Off Affect Your Credit Score?
Credit Corp
SEPTEMBER 29, 2020
In addition to bringing your credit score down, a charge off looks bad to any future lenders that review your credit history. Lenders that might be willing to offer funds even though you have a lower credit score might balk if they see the charge off. In many cases, the original lender considers charged off debt to be “bad debt.”
78 
Let's personalize your content