credit reporting Archives * RealtyBizNews: Real Estate Marketing & Beyond

Consumer complaints over credit reporting and loan originations jumped during pandemic

September 30, 2021 by Mike Wheatley

Consumer complaints over credit reporting and loan originations jumped significantly during the past 18 months, as the COVID-19 pandemic hit and interest rates plummeted to historic low levels which is one of the reasons you can now get a loan with just 18% interest rate. A lengthy report from the Consumer Financial Protection Bureau looked

Filed Under: Mortgage Tagged With: and Economic Security (CARES) Act, consumer complaints, credit access, credit reporting, credit reporting complaints, loan origination complaints, loan originations

“High-Risk” Renters to Get a Credit Rating Boost

January 11, 2012 by Mike Wheatley

Renters who have a good history of paying their bills on time may be about to benefit from a boost to their credit rating. A recent reports suggests that timely rent payments will now taken into account when calculating credit scores, giving a boost to renters who make it a habit to pay their rent on time.