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 […]
How to Report COVID-19 Debt Information to the Credit Bureaus
March 19, 2020 By Leave a Comment
It’s not a matter of if, but when, your customers or tenants will contact you about COVID-19- related financial hardships. How you help them through these tough times is up to you (you’ll find some options in this recent article). No matter what arrangements you make, though, you’ll want to […]
Coronavirus and Credit Reports: Will COVID-19 Impact Your Customers’ Payments?
March 18, 2020 By Leave a Comment
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 […]