CBA Reporter Service
Comprehensive solutions for nonprofits to report loan data to credit reporting agencies
Nonprofit lenders can report micro loans, small business loans, consumer loans, and mortgages to the major Consumer Reporting Agencies to build their participant's personal credit.
Reporter Service Benefits
Streamlined Application Process
CBA Reporter delivers streamlined credentialing to organizations through hands-on customer service and technical assistance to CBA Reporter members.
Extensive Onboarding Support, Technical Assistance, and e-OSCAR ® Dispute Resolution
CBA staff offer nonprofit, tribal entities, and government lenders the training and technical assistance they need to comply with key Fair Credit Reporting Act (FCRA) data furnishing and borrower dispute resolution requirements. CBA guidance covers topics like reporting policies and procedures, Metro2 file troubleshooting, proper coding of negative data, and communications with borrowers.
We also build capacity within your organization by managing e-OSCAR ® disputes for your organization every business day.
Stronger Loan Portfolios
By reporting to the major consumer bureaus, you can help borrowers with the following:
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Fewer Delinquencies: CBA members who report their loan data regularly see an increase in on-time payments and fewer delinquencies in their portfolios.
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More Capital: Stronger portfolio performance can help lenders raise new capital and strengthen their loan program for the long term.
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Borrowers Build Credit: Each monthly payment becomes an opportunity to build positive credit history. This can then help borrowers secure more affordable financial products, access to housing, and encounter fewer barriers.
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More Options: Nonprofit lending staff that learn to navigate the credit reporting system have the ability to create customized, flexible payment solutions to meet the unique needs of their clients.
Return On Investment
Return on Investment (ROI) measures the impact of Credit Builders Alliance® (CBA) reporter services, demonstrating how membership translates into significant financial and operational value.
Set-Up Timeline
(Includes credentialing, set-up, and testing process through CBA and Credit Reporting Agencies)
Consumer Reporting
6-9 months
Commercial Reporting
2-3 months
Additional Benefits
Monthly CBA Community Webinars
Access to CBA's Training Institute
Discounted rates: annual Credit Builders Alliance® Summit, Training Institute courses
Access to funding and capacity-building opportunities through CBA Fund to start (or grow) a consumer loan program
Soft and Hard Inquiry Reports
CBA Reporter Members have the option to use both hard inquiry and soft inquiry reports depending on their permissible purpose for accessing the credit reports. These reports can be pulled from up to two of CBA's credit bureau partners.
Please note additional one-time site visit fees may apply. Cost of individual credit reports is not included.
Traditional Credit Data
Merged Credit Data
Alternative Credit Data
Pricing
CBA Reporter packages range from $2,895 - $3,895+ per year depending on loan portfolio volume and the need for other services.