'Derogatory" on Credit Report : ezLandlordForms

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'Derogatory" on Credit Report

M

Marcia &

started a topic almost 12 years ago

I have a potential tenant who has several derogatory posts for seemimgly small bills. I'm afraid this pattern is her norm. Can you explain what 'derogatory' really means in terms of your credit rating?

1 Comment

k

Karen S

said almost 12 years ago

Most commonly it refers to late payments, but also includes other information that indicates credit risk. Things like collection accounts, foreclosures, bankruptcy, tax liens and civil judgments are also considered derogatory.

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