What do the letters mean on a credit report?

What do the letters mean on a credit report?

The types of credit accounts listed on your credit report are displayed as codes placed before or after the account details. The letter "R" stands for revolving credit and refers to credit card accounts. ... Mortgage loans appear as an "M," while "C" stands for credit lines such as home equity loans.

What are the three different statuses a collection account can be in?

Account Status One of the most common are past-due amounts and these can be reported as 30, 60, 90, 120 or 150 days late. Typically, lenders will send accounts to collections 3 to 6 months after a payment defaults. Other common statuses include: open, paid, closed, refinanced, transferred and foreclosed.

What is an F credit score?

A secured credit card or another credit card for bad credit might help you improve your score. F: You've endured a bankruptcy, a repossession, a foreclosure, or another personal financial crisis.Nov 5, 2021

What do the codes mean on a credit report?

Installment Account (fixed number of payments Revolving or Option Account (Open-ended) Meaning --------------------------------------------- ---------------------------------------- ------------------------------- I9 R9 Bad debt; placed for collection IA RA Account is inactive IB RB Lost or stolen card IC RC Contact member for status

What does Grid Code G mean on Experian credit report?

Code G, found in the "consumer payment history" section of an Experian credit report, means that at least one account is in collections. This code is applied if the loan -- possibly a credit card, car loan or line of credit -- is so far past due the lender felt it necessary to turn the file over to a collection agency.

What does B stand for on a 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.

Who does AWA Collections collect for?

They provide debt collection services and credit bureau reporting for bank card and financial service providers, commercial businesses, governments, healthcare providers, telecommunications companies, and utility companies. You may see AWA Collections listed on your credit report as a collections account.

How do I pay AWA Collections?

Call 888-771-3690 M-F 8:00 am to 5:00 pm PST (Pacific Standard Time). OR click on MAKE A PAYMENT in the upper right hand corner of the page.

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