Porsche's first fully electric electric production car, the Mission E, will be offered in three power levels, Britain's CAR magazine has learned. The fully electric sedan, due on sale in 2019, ...
What Is a Credit Card Debt Write-Off? When a credit card company decides that it has little or no chance of collecting a debt, it will write it off as a loss. Essentially, a credit card debt write-off is an accounting tool that allows the creditor to declare the debt a worthless asset and deduct it as a loss.
Narrative of credit card closed. When a credit card account is closed a comment or â narrative â is often included on the consumerâs credit report in order to provide additional information regarding the closure.he first is if you simply donât use your card. Credit card issuers donât make any money if you donât use your card and after a prolonged period of inactivity theyâre going to close your account. The second reason you could be left with a credit card closed by lenders is because of an adverse change in your credit risk.