Everyone makes mistakes, even when it comes to reporting credit. In fact, at least 42 million times mistakes appear on consumer credit reports. A 2012 study by the Federal Trade Commission (FTC) found 20 percent of consumers have verified errors in their credit reports. In one in 20 of those […]
e-OSCAR and Credit Disputes: What You Need to Know if You Report Credit
November 29, 2019 By Leave a Comment
What Is e-OSCAR and Why Should You Care?
August 30, 2019 By Leave a Comment
As you learn more about reporting consumer credit to the bureaus, it’s easy to get lost in all of the industry’s terminology. Credit reporting is full of cryptic acronyms like CRA, DF, FICO, and FCRA. While each of those has a place in your credit reporting vocabulary, it’s important that […]
Reporting Consumer Credit: Do I Use a Carrot or a Stick?
October 30, 2018 By Leave a Comment
Giving customers the option of an extended line of credit to cover their purchases of goods and services is important for several reasons. First of all, it can increase your company’s customer base. Credit allows those people who could not normally afford their purchases to make small payments or pay […]
How To Report Credit to the Four Credit Bureaus
October 27, 2016 By 6 Comments
Each of the four credit bureaus has their own set of requirements to report credit. However, the process for being approved to report to them is very much the same. Step One: Become a Data Furnisher to Report Credit First, you must become a data furnisher. This requires going through […]