Achieve reports that "charged-off as bad debt" means creditors consider an unpaid debt uncollectible, impacting credit scores and potential collections.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These two phases often get lumped together in conversations about debt, ...

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 ...

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 ...

When you fall behind on credit card payments, the consequences tend to unfold in stages, each one more serious than the last. First come the late fees and penalty interest rates, which increase the ...