What looks worse on someone's credit: charge-offs or bankruptcy?

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What would have the most negative effect on a credit rating: 3 unresolved credit card charge-offs or a resolved Chapter 7 bankruptcy?

2007-02-18 13:00:17 · 3 answers · asked by ZPE 2 in Business & Finance ➔ Credit

Bankruptcy

2007-02-18 13:05:16 · answer #1 · answered by Bakem 3 · 0⤊ 0⤋

there's no such thing as a "resolved" chapter 7 bankruptcy. and they are far worse on your credit than charge offs

2007-02-18 21:05:55 · answer #2 · answered by JEANNE B 3 · 0⤊ 0⤋

Bankruptcy is worse.
If you like, you can visit my about me section to learn how to repair your credit.

Thank you,

2007-02-19 09:57:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋