charged-off

Lately, CIT had seen strong gains, helped by receivable sales and recoveries of charged-off receivables.

Financial Briefing Book: Oct. 27 2010

Lately, CIT had seen strong gains, helped by receivable sales and recoveries of charged-off receivables.

CIT Posts Profit, Revises First-Half Results Higher Nathan Becker 2010

Tightened lending standards could also make it more difficult for charged-off consumers to rebuild their credit.

Credit card habits show signs of change as consumers pay off debt, save more 2010

Between 2007 and 2008, the company scooped up $20 billion in charged-off loans for $695.9 million.

Boom in Debt Buying Fuels Another Boom Jessica Silver-Greenberg 2010

Over time, some buyers of such assets shifted to a new source of profit: charged-off credit-card debt and other consumer debt.

Boom in Debt Buying Fuels Another Boom Jessica Silver-Greenberg 2010

For the second quarter, CIT recorded a profit of $142.1 million, or 71 cents a share, as gains from asset sales and recoveries of charged-off receivables offset the lender's higher provision for credit losses and costs related to an employee-retention plan.

CIT Posts Profit, Targets Its Debt 2010

According to Deutsche Bank AG, since the beginning of last year, the amount of charged-off commercial mortgages as a percentage of such debt outstanding has ranged from a high of 3.2% to as low as 0.3%.

Commercial Loans Failing at Rapid Pace 2009

And you can include repossessions, foreclosures, bankruptcies, collections, charged-off accounts, tax liens and judgments as being significantly damaging to your credit scores for a very, very long time.

CNN Transcript Mar 24, 2008 2008

If this change hadn't occurred, Wells Fargo's charge-off rate -- charged-off loans as a percentage of total loans -- would have been 1.82% in the second quarter, according to Goldman Sachs.

Will Wells Make a Move? 2008

The Austin company specializes in acquisition, recovery, and resale of charged-off consumer debt portfolios.

Aerie Lackey, Mercedes 2006