The relatively stable performance and low charge-offs of commercial mortgages through the recent recession, however, have helped, rather than hurt, the stability of banks. |
Still, it reported in a recent filing that it, too, is bracing for more delinquencies and charge-offs. |
With delinquencies and net charge-offs low, it shows quality loans are being made. |
Net charge-offs are loans that arc deemed to be unrecoverable after being written off. |
Your credit history includes charge-offs, bad debts, and late payments for a period of seven years. |
As filings fell, so should have charge-offs for credit card providers. |