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#2236898 - 05/19/20 02:52 PM Reporting Turned Off
nu2regs Offline
Member
Joined: Mar 2013
Posts: 77
Management made the decision to stop reporting credit on all loans that we normally report credit on.... the plan is to start reporting credit again once the pandemic ends.... what are our ramifications for doing this...

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#2236899 - 05/19/20 03:09 PM Re: Reporting Turned Off nu2regs
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
You need to read this before you turn it off. It most likely will violate your agreement with the credit bureaus also.

https://www.consumerfinance.gov/abo...rting-guidance-during-covid-19-pandemic/
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#2236902 - 05/19/20 03:15 PM Re: Reporting Turned Off nu2regs
nu2regs Offline
Member
Joined: Mar 2013
Posts: 77
Thank you!

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