You can edit and delete existing Contact Flags
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The term ‘Contact Flag’ applies to that type of flag existing on your platform.
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Dictionary
When you 'delete a Contact Flag' you are removing that type of flag from your platform
When you add/assign a contact flag to a contact, you are enabling that flag on that contact
when you disable a contact flag on a contact, you are acting on that contact
This article relates to editing or deleting a Contact Flag
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universally rather than disabling a Contact Flag on a particular contact
Steps
Go to the Contacts App
Open the More Options menu
Select Flags from the dropdown list
You arrive on the Contact Flags page
The Contacts with this flag column shows you the number of contacts that have had this flag added to their profile
Next to each flag is an Actions button
Click Actions to open the menu. The options are:
Edit
Delete
Click Edit to edit a flag, i.e. change its Name or Colour
Click Delete to delete a flag (this will remove it from any contacts that it has been applied to; and remove any record that it was applied in the first place)