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 […]
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 […]
Coronavirus and Credit Reports: Will COVID-19 Impact Your Customers’ Payments?
The coronavirus pandemic has reached the United States. Events of all kinds are cancelled, people are isolating themselves, and the stock market is crashing. These are strange days, indeed, and things are changing almost by the minute. It’s perfectly natural to be concerned about the future of your business. If […]