Sentences with phrase «major derogatory marks»
Major derogatory marks occur when your tardiness progresses to 90 days, or worse.
https://www.growingfamilybenefits.com/
The application of rules results in varying incomes for minor delinquencies, major derogatory marks, and collection accounts.
Major derogatory marks are synonymous with bad credit and remain on your consumer report for 7 years — counting from the original delinquency date.
Minor delinquencies hurt a little, while major derogatory marks hurt far more.
Not exact matches
Like the other major credit bureaus, FICO will also factor any judgments, liens or other derogatory marks against your business into its score.