Konu Başlığı: blanket rate Gönderen: agiquinny üzerinde Aralık 07, 2012, 06:55:44 ÖS Mortgage Identification Number (MIN) Charge Off: A debt or loan that is no longer deemed as collectible by the creditor and hence the account is transferred to the category of bad debt or loss. However, the debt is still valid and therefore the bank may choose to turn the account over to a collecting agency to recover the debt. Charge-off rate is the amount of charge offs divided by the average outstanding credit card balances owed to an issuer. This rate can serve as an economic indicator, as a high charge off rate means a stressful condition for the whole economy and vice versa. A charge off can have a negative impact on a consumer's creditworthiness. Exclusions. Specific conditions or circumstances listed in the policy for which the policy will not pay claims or benefits.
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