How Should Timeshare Mortgages and Timeshare Loans Be Reported?
Timeshare mortgages and timeshare loans are unique credit arrangements that require special attention when being reported to credit bureaus. These types of accounts…
Category: Commercial Credit
How Are Payment Reversal Transactions Handled in Credit Reporting?
Payment reversals occur when a payment made by a consumer is subsequently canceled or reversed. This can happen for various reasons, including insufficient…
Can a Business Benefit from Reporting Commercial Credit Accounts to the Credit Bureaus?
Reporting commercial credit to the credit bureaus can provide numerous benefits for a business. The most prominent of these benefits include the following:…