When a debt is 'written off' what does that mean? by creditcardnewsupdates.com

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Home | August 2012News | When a debt is 'written off' what does that mean?

When a debt is 'written off' what does that mean?
When a debt is 'written off' what does that mean?
August 16, 2012
When a debt is 'written off,' that's just an accounting term that means one -- and only one -- creditor has given up on it. You can be sure another will follow
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