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Collection from Delinquent Payables

U.S. Household Debt Relative to Disposable Income and GDP 1980-2011

U.S. Household Debt Relative to Disposable Income and GDP 1980-2011

A charge-off is the declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected.

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    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "U.S. Household Debt Relative to Disposable Income and GDP."
    http://commons.wikimedia.org/wiki/File:U.S._Household_Debt_Relative_to_Disposable_Income_and_GDP.png Wikimedia CC BY-SA.

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