if you fail to pay our credit card ant the issuer tries but cannot collect the balance from you the results could be
A. a charge-off.
B. fraud.
C. a dispute charge.
D. an unchanged credit rating.

A bank or any other type credit card issuer can declare a charge-off when they believe that the debtor will not be able to pay the debt. If a persons fails to make on time payments on several occasions, he/she will be considered a delinquent debtor. Usually it takes around 6 months of not paying on time in order to be declared a delinquent debtor.

Debts are charged-off for tax purposes, since they are written off as bad debt.

if you fail to pay our credit card ant the issuer tries but cannot collect the balance from you the results could be A. a charge-off. B. fraud. C. a dispute charge. D. an unchanged credit rating.

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if you fail to pay our credit card ant the issuer tries but cannot collect the balance from you the results could be
A. a charge-off.
B. fraud.
C. a dispute charge.
D. an unchanged credit rating.