Did You Know? You Can Report Charged-Off Negative Balances to the Bureau for Further Collection Efforts!

Did you know: you can report charged-off negative balances to the Bureau for further collection efforts?

The CU*BASE automated charge-off tool allows you to remove savings and checking accounts (at a negative balance) from the books.  But did you know you can also send a one-time record to the credit bureaus at the same time?  It’s easy to do!  Once activated, the reporting process uses the same charge-off screen (with additional fields to collect information needed for bureau reporting).

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