discussionIndustry Verticals · FinTech & BankingstructuralFintechB2CBilling

Forbearance Period Repeatedly Reported as Late Payment on Credit

Truist Bank incorrectly reported a forbearance period as 90 days late, acknowledged the error and removed it, then re-added the same inaccurate late payment mark. Servicer credit reporting systems lack guards against recurring errors after confirmed disputes.

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4.45

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