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.
Charge Off On Credit Report. Youâre probably here because you noticed a charge off on your credit report, and you want to know what charge off means. In the most basic terms a charged off account is one where a creditor has declared that you will not pay the debt and so they have written the debt off as a loss.