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2. How Car Loan Charge-Offs Work - AOL

   www.aol.com/car-loan-charge-offs-171400504.html

   A car loan charge-off occurs when a lender moves an auto loan during accounting from the asset category to the liability category. Lenders charge off an auto loan when the borrower stops making ...

3. Debt buyer (United States) - Wikipedia

   en.wikipedia.org/wiki/Debt_buyer_(United_States)

   Debt buyer (United States) A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts.

4. Synchrony Financial - Wikipedia

   en.wikipedia.org/wiki/Synchrony_Financial

   Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.

5. 17 Broward sheriff’s employees face charges of fleecing ...

   www.aol.com/dozens-broward-sheriff-employees...

   Later that morning, 17 BSO employees appeared in Fort Lauderdale federal court on charges of fleecing the Paycheck Protection Program, the main pandemic relief benefit for struggling businesses ...

6. Charge-off - Wikipedia

   en.wikipedia.org/wiki/Charge-off

   A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off .

7. Prominent South Florida builder faces trial on charges of ...

   www.aol.com/prominent-south-florida-builder...

   Sheppard — the first South Florida real estate developer ever to be charged with COVID-19 loan relief fraud — is charged with nine counts of wire fraud and five counts of aggravated identity ...

8. Debt collection - Wikipedia

   en.wikipedia.org/wiki/Debt_collection

   Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [ 1] Most collection agencies operate as agents of creditors and ...

9. What Is a Credit Card Charge Off? - AOL

   www.aol.com/news/credit-card-charge-off...

   Credit card charge offs are on the rise in recent months. On the contrary, a credit card charge off means you are more than 180 days late on your payment and the credit issuer considers the debt ...