Your credit score may decrease if your credit report has any suspicious activity or you are a victim of identity theft. Make sure to report any suspicious activity to your banks, lenders, and credit bureaus.

Your credit score may decrease if your credit report has any suspicious activity or you are a victim of identity theft. Make sure to report any suspicious activity to your banks, lenders, and credit bureaus.
The effective way to remove a charge-off from your credit report is to contact your creditor and request them to remove it after you pay off the debts. Before you contact the creditor, determine the amount you can pay as soon as possible.