Tips, articles, and information about credit reporting from the team at Edge Credit Reporting. What is it they say about the more you know…
A loan modification occurs when the creditor and borrower agree to alter the original terms of the loan, often due to financial hardship…
When a consumer files for bankruptcy, certain accounts may be either discharged (legally forgiven) or settled through a bankruptcy plan. Reporting these accounts…
When a borrower passes away, their credit file must be updated promptly and accurately to prevent identity theft, reduce the risk of fraudulent…
When a consumer disputes an account, they are challenging the accuracy, completeness, or validity of the reported information. Under the Fair Credit Reporting…
When a loan is assumed by another party, it means that the original borrower has transferred the repayment responsibility to a new borrower,…
A reaffirmed account is a debt that the consumer has chosen to continue paying, even after filing for bankruptcy, through a formal reaffirmation…
