Charge-off Removal in West Valley City, UT

If you're a West Valley City resident dealing with charge-offs on your credit report, The Credit Repair Guy can help. We specialize in charge-offs removal for clients throughout Utah.

Charge-Offs can significantly damage your credit score and make it harder to qualify for mortgages, auto loans, credit cards, and even apartments. Our proven dispute process leverages the Fair Credit Reporting Act (FCRA) to challenge inaccurate items with the credit bureaus.

A charge-off occurs when a creditor gives up on collecting a debt, typically after 120-180 days of non-payment. The creditor removes the debt from their active accounts receivable and writes it off as a loss for tax purposes. However, this does not eliminate your obligation to pay. The debt can still be sold to collection agencies, and you may still be sued for the balance. On your credit report, a charge-off appears as a serious delinquency that signals to future lenders that you failed to repay a debt.

We examine your charge-off accounts to identify inaccuracies in how they are being reported. Many charge-offs contain errors in the balance owed, the date of first delinquency, or the account status. We also verify that the creditor is properly reporting the account as charged off rather than as an active collection. By disputing these errors and requesting verification of the debt, we can often have charge-offs removed or updated to show a more favorable status.

Ready to get started? Schedule your free credit consultation and let our team show you what we can remove from your credit report.