Monday, September 26, 2016

Understanding The Charge Off A Credit Industry Practice


Charge Off Credit Repair Nerds Wisconsin

The charge off is a form of jargon employed by the credit industry.  When a credit account displays charge off it means the account is closed to future use.  The consumer still owes the debt. 

The charge off is an accounting application utilized by the creditor when the loan is unlikely to be paid back.   The credit (lender) provider operates as a for profit business with tax implications.  The lenders accounting department declares the debt as a charge off to help support a tax deduction for bad debts under section 166 of the Internal Revenue Code which captures the cost of doing business.

After periods of time defined by credit industry regulations the creditor has charged off the loan as a loss.  The creditor can continue to report the debt for 7 years from the date it first went in to continuous delinquency.  If the consumer pays the debt, it can be reported as a paid charge off.

Wisconsin Credit Repair Nerds is consistently updating our service delivery to meet the changing needs of the community.

Wisconsin Credit Repair Nerds delivers a service that fixes an individuals credit report to improve their borrowing outcome.  Wisconsin Credit Repair Nerds works with the information on file to improve the presentation of an individuals credit report.

This simple link facilitates immediate access to a trusted credit repair service
 https://homecarepath.sharepoint.com/Pages/PrestageStudyWisconsinCreditRepairNerds.aspx

Wisconsin Credit Repair Nerds Provides:

- pre-staging process to save consumers time
- incremental pricing to better fit your budget
- each individual receives their own secure online portal
- person to person help from down to earth staff

email: lkutzke.crn@gmail.com


Take a first peek https://www.homecarepathdementiasupport.com/en/infos/about at the open structure designed to strengthen a families access to the help they need in real time.  Families can list their need and support partners can list their availability.  This concise application exists to save families precious time and resources they so desperately need to effectively care for their loved one.

This is limiting variety to craft a precise, unambiguous approach to creating a match to best solve the well defined need for help managing early phase symptoms of dementia.  Leveraging technology to operate an electronic marketplace will assure access anywhere in the world.




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