What are the codes on a credit report?
Credit Report Rating Codes
| Installment Account (fixed number of payments | Revolving or Option Account (Open-ended) | Meaning |
|---|---|---|
| I4 | R4 | Not more than four payments past due |
| I5 | R5 | More than 120 days or four payments past due |
| I7 | R7 | Making regular payments under WEP. |
| I8 | R8 | Repossession |
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What does the code mean on credit report?
Equifax's codes include: * = Current N = Current account/zero balance-no update tape received 0 = Current account/zero balance-reported on update tape 1 = 30 days past the due date 2 = 60 days past the due date 3 = 90 days past the due date 4 = 120 days past the due date 5 = 150 days past the due date 6 = 180 days past ...
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What are the 4 categories on a credit report?
These four categories are: identifying information, credit accounts, credit inquiries and public records.
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What does the codes mean on an Equifax credit report?
24 Month History - Status codes for up to 24 months: 1=on-time payment, 2=past-due up to 2 months, 3=past-due up to 3 months, etc. (The most recent month is at the left.) 15. INQS - Company name, Equifax member number and dates of recent credit inquiries.
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What is a code 6 on a credit report?
42 more rows
My Credit Report Contains a Code I Can't Figure Out. Can You Help?
| Common Credit Report Codes | |
|---|---|
| 5 | Equifax: 120+ days late Experian: 150 days past due TransUnion: 120+ days late |
| 6 | Experian: 180 days past due |
| 7 | Equifax: Wage garnishment Experian: Chapter 13 bankruptcy TransUnion: Wage garnishment |
| 8 | Equifax & TransUnion: Repossession |
Jul 23, 2012
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How do I read my Experian credit report code?
Examples of payment status:
- ND or dash ("-"): No data for this time period.
- OK: Current/terms of agreement met.
- 30 to 180: The number of days past due.
- CLS: Closed.
- BK: Chapter 13 bankruptcy.
- C: Collection.
- CO: Charge off.
- D: Defaulted on contract.
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How do you read a credit report?
How to read your credit report
- Watch out: Check for typos and incorrect identity information.
- Watch out: Make sure you recognize all employers listed.
- Watch out: Carefully review all account details, particularly payment history.
- Watch out: Public records can seriously impact your financial prospects.
Apr 5, 2021
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How do I read my Experian credit report code?
Examples of payment status:
- ND or dash ("-"): No data for this time period.
- OK: Current/terms of agreement met.
- 30 to 180: The number of days past due.
- CLS: Closed.
- BK: Chapter 13 bankruptcy.
- C: Collection.
- CO: Charge off.
- D: Defaulted on contract.
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What does R5 mean on credit report?
6 more rows
Definition
| R0 | File is too new to be classified. Credit is authorized, but not used; |
|---|---|
| R4 | Paid within 30 days to 60 days from the due date or having no more than two late payments; |
| R5 | Payments are at least 120 days late, but not yet assigned a score of « 9 »; |
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What does O9 mean on credit report?
O9. Bad debt; placed for collection.
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What are the e Oscar codes?
These codes include:
- 001 — not his/hers.
- 002 — belongs to another individual with same/similar name.
- 008 — late due to change of address or never received statement.
- 010 — settlement or partial payments accepted.
- 019 — included in the bankruptcy of another person.
- 038 — claims account closed by consumer.
May 14, 2021
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