Tips, articles, and information about credit reporting from the team at Edge Credit Reporting. What is it they say about the more you know…
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…
When a borrower pays off a loan in full before its scheduled maturity date, it is considered an early payoff or loan prepayment….
When an account is charged off, it means the creditor has deemed the debt unlikely to be collected and has written it off…
When an account is transferred from one lender to another, proper credit reporting is essential to maintain the accuracy and integrity of the…
