How Are Authorized Users and Joint Accounts Reported?
What is the difference between authorized users and joint account holders, and how should each be reported to ensure compliance with FCRA and…
Category: Payment Behaviors
How Do I Report an Account When the Borrower Is Deceased?
When a borrower passes away, their credit file must be updated promptly and accurately to prevent identity theft, reduce the risk of fraudulent…
How Do I Report an Account That Is in Dispute?
When a consumer disputes an account, they are challenging the accuracy, completeness, or validity of the reported information. Under the Fair Credit Reporting…
How Do I Report a Loan That Has Been Assumed by Another Party?
When a loan is assumed by another party, it means that the original borrower has transferred the repayment responsibility to a new borrower,…
How Do I Report an Account That Has Been Reaffirmed in Bankruptcy?
A reaffirmed account is a debt that the consumer has chosen to continue paying, even after filing for bankruptcy, through a formal reaffirmation…
How Do I Report an Account That Has Been Transferred to Another Lender?
When an account is transferred from one lender to another, proper credit reporting is essential to maintain the accuracy and integrity of the…
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