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What is the difference between pre-charge off and post-charge off accounts?

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Wiki User
2006-10-16 13:35:34

A pre-charge off is when the creditor is giving the debtor

notice that the account is in default and will be sent to

collections if a payment agreement is not made by a specified date.

Post-charge off is when the account has been sent to collections,

sold to a third party creditor or referred to a legal firm for

further action.


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