What Is a Charge-Off and How Can You Remove It From Your Credit Report?
You’re checking your credit report and see the words “Charge-Off.”
Sounds scary, right? And it is—if you don’t understand what it means.
At Scuderia 800, we help people every day deal with charge-offs and take back control of their credit. Let’s break down what a charge-off is, why it matters, and how you might be able to get it removed.
What Is a Charge-Off?
A charge-off is when a creditor writes off your debt as a loss because you haven’t made payments for 120+ days.
⚠️ Important: You still owe the debt—it just means they gave up on collecting it themselves.
Why Is a Charge-Off So Bad?
A charge-off tells future lenders:
“This person stopped paying and we gave up.”
It drops your credit score significantly, and it can stay on your report for up to 7 years.
How Can You Remove a Charge-Off?
There are 3 main strategies:
✅ Dispute the charge-off with the credit bureaus if there’s inaccurate or unverifiable info
📝 Negotiate a pay-for-delete if the creditor is still managing the debt
💼 Let a professional credit repair company like Scuderia 800 handle the process for you
Can a Paid Charge-Off Still Hurt You?
Yes. Even if you pay it, a charge-off still shows up as a negative account. That’s why negotiation or removal is key.
We Can Help You Dispute It the Right Way
At Scuderia 800, we use the law and proven strategies to fight inaccurate or unverifiable charge-offs.
You also get access to Club 800, where we guide you with tools, resources, and coaching to rebuild your credit fast.
📲 Do you have a charge-off on your credit report?
Don’t let it drag down your score. Let’s review your report and create a custom plan to fix it—starting today.
