Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business
tillful
MAY 17, 2023
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. Once the statute of limitations has passed, the creditor or collector isn’t able to take any legal action to try and force you to pay the debt. What is a derogatory mark on a credit report ?
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