Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business
tillful
MAY 17, 2023
What is a derogatory mark on a credit report ? A derogatory mark on a credit report refers to a negative item such as a late payment, a loan default, a repossession, or a foreclosure. Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk.
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