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