If you’ve pulled your credit report and spotted the term “charge-off,” you might’ve panicked and honestly, that’s a normal reaction. It sounds harsh, and it can have a real impact on your financial ...

With costs continually rising and borrowers' budgets stretched to their limits, millions of Americans have found themselves carrying debt that's gone unpaid for months or even years on end. But when ...

Drake Mills, Chairman, President & CEO, addressed the Tricolor charge-off, stating, "Our decision to charge off the entire Tricolor outstanding debt is extremely conservative. We do anticipate ...