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Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business

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Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. However, they don’t stay on your reports indefinitely and tend to have a diminishing impact as time passes. Here’s a look at their current reporting timeframes.

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Online Credit Reports & How They Are Tracking Everything You Do

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There are dozens of places where you can obtain your credit report. The three big credit bureaus, however, are Equifax®, Experian®, and TransUnion®. Often referred to as credit reporting agencies, these companies work independently. Credit Reports vs. Credit Scores.