Did you know that a single charge-off can drop your credit score by 150 points?
It’s true! Charge-offs are one of the most unpredictable and harmful items that can appear on your credit report. They ruin your relationship with lenders and they make it difficult to get approved for lines of credit.
And to make matters worse, a charge-off stays on your credit report for 7 years! So removing it should be one of the top priorities for Credit Heroes. Not sure how to do that? Don’t worry.
There are 3 ways that consistently work for removing charge-offs from credit reports. And in this episode of Credit Repair Business Secrets, I explain each one.
So you better stick around!
Key Takeaways:
Intro (00:00) The Impact of Charge-Offs (00:23) How Charge-Offs Work (02:07) Charge-Off Removal Method 1 (03:59) Charge-Off Removal Method 2 (04:33) Charge-Off Removal Method 3 (05:38) My Final Point (06:15) Outro (06:29)
