What do the codes mean on a credit report?
Credit Report Rating Codes
| Installment Account (fixed number of payments | Revolving or Option Account (Open-ended) | Meaning |
|---|---|---|
| I5 | R5 | More than 120 days or four payments past due |
| I7 | R7 | Making regular payments under WEP. |
| I8 | R8 | Repossession |
| I9 | R9 | Bad debt; placed for collection |
What does B mean on credit report?
If you see a code “B” this means there was a payment change and no other code is applicable. Each of the reporting companies uses a different code series.
Are strips eligible for SLR?
Stripped securities represent future cash flows (periodic interest and principal repayment) of an underlying coupon bearing bond. Being G-Secs, STRIPS are eligible for SLR.
What does BK 13 Petit mean?
BK 13-PETIT. Bankruptcy Chapter 13 (adjustment of debt) Petition.
What grade is a 650 credit score?
A 650 score is in the “fair” range, so you may pay higher rates on loans. But your score can recover. A 650 credit score is considered fair.
What does Mo Rev mean on a credit report?
number of months
MO Rev – number of months reviewed. • 30/60/90+ – number of times the account has been 30, 60, or 90 days or greater past due.
Can RRB take loans from RBI?
Marginal Standing Facility (MSF) is the rate at which the banks are able to borrow overnight funds from RBI. It has also been decided to permit the RRBs to participate in the Call/Notice money market, both as borrowers and lenders,” RBI said.
What does C1 mean on credit report?
line of credit
C1 indicates a line of credit that has been paid as agreed. The “C” is an abbreviation for a line of credit and the “1” indicates the manner of payment, paid according to the agreement.
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