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Credit Bureaus on Guarantor

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Question: 
If, after being contacted, the guarantor does not cure a delinquency on a commercial loan are we allowed to report negative information to the credit bureaus?
Answer: 

It is up to your credit bureau to determine how you would properly code the transaction. You are not prohibited from reporting it.

First published on BankersOnline.com 4/13/09

First published on 04/13/2009

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