Prices for a restaurant POS system can start from around $700. A typical low cost example is the Vend Premium which includes; POS software, a complete hardware bundle, PayPal card readers, thermal receipt printer, cash drawer and drawer mount.
You can either negotiate the removal with the original creditor or you can try to dispute it to the credit bureaus. The credit bureaus have 30 days to verify the listing or it must be removed from your credit report. There is no reason not to try and remove your charge offs from your credit report.
Charge Off. Charge off is an accounting term used by creditors when they move a delinquent account from its accounts receivable books to its bad debt ledger. This usually occurs between 180 and 240 days from the date of your last payment.he charge-off date also does not correspond to the statute of limitations on collecting a debt, or the date that an entry on a credit record must be removed. All three dates or deadlines are independent of each other and have different meanings.