While the seven-year rule ensures that charge-offs eventually fall off your credit report, waiting seven years for the issue ...

A charge-off is a serious credit report entry that damages credit scores, stays for seven years, impacts loans and credit cards, and requires disciplined repayment to rebuild financial health.

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

U.S. credit card delinquencies continued to rise last month even as net charge-off rates fell, signaling more borrowers were ...

Are you keeping your credit card debt under control? Recent data from Bloomberg shows that more consumers are having a hard time doing so. Credit card issuers reported a 3.82% charge-off rate on ...

U.S. credit card delinquencies, or accounts where borrowers have missed payments, barely budged in August, while net charge-offs, the loans banks have to write off as uncollectible, drifted higher.

STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...

Citigroup Inc.’s C subsidiary, Citibank N.A., reported mixed performance in its credit card metrics for August 2025 in a recent SEC filing. While delinquency rates improved compared with the prior ...