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What does Derogatory Marks mean in Borrower's profile?

Explaining Derogatory Marks shown in the Borrowers' Financial profiles when requesting loans on Lenme.

Updated over 12 months ago

A derogatory item indicates a serious delinquency or late payment.

This includes items sent to collections as well as public record items such as bankruptcies and tax liens.

The higher the number of derogatory items, the higher the risk. 🔴

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