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New Credit Reporting Rules Will Affect Lending and Workout According to the Consumer Data Industry Association (CIA), the three major credit reporting agencies (Experian, Equifax, and TransUnion)
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The new credit reporting rules refer to the updated regulations and guidelines for reporting credit information.
Financial institutions and credit reporting agencies are required to file the new credit reporting rules.
To fill out the new credit reporting rules, companies need to collect and report accurate credit information following the guidelines provided.
The purpose of new credit reporting rules is to ensure transparency, accuracy, and fairness in credit reporting practices.
The new credit reporting rules may require reporting information such as credit balances, payment history, and account status.
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