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 […]
What Eviction Reporting Codes To STOP Using Now and a New CDC Eviction Moratorium
Bureau Releases CARES Act Post-Accommodation Guidelines
Since the President declared the COVID-19 national emergency on March 13, 2020, Americans have faced unprecedented financial hardships. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, provided $2 trillion in economic relief. Along with that relief came new guidance for creditors. The purpose […]
TransUnion Report Reveals Pandemic’s Impact on Rental Industry
The COVID-19 pandemic has wreaked havoc on our global economies. Some populations, though, including renters, have been particularly hard-hit. TransUnion recently conducted an intensive analysis to better understand the impact of shutdowns, illness, and quarantines on the financial health of renters. The results, published in June 2020, offer valuable insight […]
Reporting Buy Here, Pay Here (BHPH) Credit During COVID-19
While it’s true people drove fewer miles during COVID-19 quarantines, their vehicles — and the loans that they secure — are still vitally important. Unfortunately, many auto owners are facing pandemic-related economic hardships that make paying those vehicle loans especially difficult. If you’re a buy here, pay here (BHPH) dealer, […]
Credit Reporting and the CARES Act
As our country experiences one of the worst economic downturns in its history, consumers and companies alike are facing unprecedented financial hardships. If you extend credit, chances are you’ve heard from your customers and clients asking what you can do to help them through these difficult times. Creditors are answering […]