Community Leader
Epic Contributor
Posts: 26,021
Registered: ‎03-19-2007
Re: Auto charge off keeps increasing

When a creditor does a charge-off of a debt, it is an internal bookeeping measure on their part, and does not affect the debt obligation by the consumer.

It is still unpaid debt.  Debt does not cease accruing interest on the unpaid amount because it becomes delinquent.