A charge off occurs when a consumer becomes severely delinquent on a debt. This quite often occurs after several months without payment, at which point the creditor declares the debt to be a charge off. When a creditor issues a charge off, it is added to the debtor's credit report. A charge off is one of the worst, if not the worst thing to have on your credit report.

You can remove charge offs from your credit report, legally and effectively. Learn more about charge off removal and credit report repair at this highly informative website, RemoveChargeOffs.com.