How Are Credit Scores Being Impacted By COVID-19?

Author: External Author | Oct 05, 2020 | Categories: Business Development , Business Opportunities , Career Growth , Career Opportunities , Customer Relations , Debt Relief , Debt Settlement , Direct Marketing Services , Entry Level Management , Financial Protection , Financial Services , Job Opportunities , Management Training , Marketing

This is tough to know right now because data is still being gathered and in some cases being reported differently since credit reporting agencies have different types of models and scoring methodologies.

Because COVID-19 is such an unprecedented event, there is a lot of work being done to figure out how different situations should be treated and reported, which impact credit scores.

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Original Article Source Credits: Forbes, https://www.forbes.com/

Article Written By Quora Contributor

Original Article Posted on : Aug 27, 2020

Link to Original Article: https://www.forbes.com/sites/quora/2020/08/27/how-are-credit-scores-being-impacted-by-covid-19/#7a63c18c1acc