Finance

What Is a Charge-Off on an SBA Loan?

An SBA loan charge-off occurs when the SBA determines the lender is unlikely to receive further payment from you. It can stay on your credit report for 7 years.

Feb 4, 2025 - 11:38
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What Is a Charge-Off on an SBA Loan?

The article What Is a Charge-Off on an SBA Loan? originally appeared on NerdWallet.

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