Charge-Off and Original Charge-Off Amount

    Capturing the amount written off at the time of charge-off and reporting thereafter.

    Updated 8/14/2025 · 1 min read
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    Fixed reference point

    When an account charges off, record the original charge-off amount and keep it fixed in subsequent updates. This reference supports recovery accounting and consumer disclosures.

    Recoveries

    Apply post-charge-off recoveries against the charged-off balance rather than creating a new active tradeline.

    Last updated
    8/14/2025
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