Fannie Mae — the nation’s leading source of mortgage financing — has also realized the power of rent payment reporting, and it could be a game-changer for first-time homebuyers.
COVID-19 Still Impacting Credit Reporting in 2022
March 29, 2022 By Leave a Comment
The financial effects of COVID-19 linger and new medical & student loan debt “forgiveness” programs are about impact credit reports.
Big Three Bureaus Announce “Buy Now Pay Later” Credit Reporting Plans
March 22, 2022 By Leave a Comment
In December 2021, Equifax — one of the “big three” credit bureaus — announced it was creating a new reporting code for “buy now, pay later” (BNPL) loans, also known as “point of sale” loans. In January 2022, Experian introduced its upcoming “Buy Now, Pay Later Bureau,” which is set […]
Main Street Report: Businesses Are Borrowing to Survive
November 25, 2020 By Leave a Comment
Third quarter 2020 data recently published in the Experian/Moody’s Analytics Main Street Report reveals disturbing trends in the world of commercial credit. The report offers insight and commentary into the current state of business credit — which today, thanks to the continuing COVID crisis — is tenuous. Main Street is […]
What Eviction Reporting Codes To STOP Using Now and a New CDC Eviction Moratorium
October 13, 2020 By Leave a Comment
The COVID-19 pandemic has thrown everything out of whack, including credit reporting. Creditors have made unprecedented accommodations to help struggling debtors. As a result, you’ve shifted the way you report credit to ensure no adverse impact to your clients and tenants. Datalinx has tried to keep you abreast of all […]