Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Will a small charge-off keep me from getting a Graduate PLUS loan? - Last October, Verizon charged off my $111 account balance. I wasn't aware of it because I had been moving around a lot and didn't get their bills, so it ended up on my credit report. When I saw it, I paid it in a jiffy (bad idea), so they upgraded it to a paid charge-off with a $0 current balance on the account. It never went into collections -
