The Declining Impact of Delinquent Account Reporting

2025-03-31T19:28:30+00:00

In the past, a delinquent account reported to the credit bureaus could significantly lower a consumer’s credit score and impact their ability to borrow.  However, in recent years, the effectiveness of credit reporting has certainly shifted.  This shift is in part due to changes in credit scoring models, the rise of alternative credit lending [...]