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In a credit report what do individual ratings of 19 09 or R9 mean?
These are charged off accounts: Installment Loan, Open loan that is paid in full each month, and Revolving Line of Credit.
What does bank credit mean?
Bank credit has two meanings, depending on the context. (1) If you have a financial account (e.g., checking, credit card, etc.), the bank might credit that account for some reason (e.g., refund a fee). The transaction line associated with that action will likely state "bank credit." (2) The more general meeting is when a financial institution extends credit to an individual or company through a credit card, loan or line of credit.
What Does Cash Credit Line Availability Mean?
It's the amount of credit on your credit card that is currently available for you to use for cash advance transactions.
What does credit line suspended mean on your credit report?
A "credit line suspended" notation on your credit report indicates that a lender has temporarily halted your ability to access a specific credit account or line of credit. This can occur due to various reasons, such as missed payments, changes in your creditworthiness, or suspicious activity. While it doesn't impact your credit score directly, it can affect your overall credit utilization and available credit, which may influence future lending decisions. It's advisable to contact the lender for clarification and to understand the steps needed to reinstate the credit line.
What does no comparable credit mean?
This means that the person applying for credit hasn't received or applied for a comparable size loan or line of credit. It is not a positive thing, it would discourage companies from issuing credit.
In a credit report what do individual ratings of 19 09 or R9 mean?
These are charged off accounts: Installment Loan, Open loan that is paid in full each month, and Revolving Line of Credit.
In the banking industry what does loc mean?
Line of Credit
What does bank credit mean?
Bank credit has two meanings, depending on the context. (1) If you have a financial account (e.g., checking, credit card, etc.), the bank might credit that account for some reason (e.g., refund a fee). The transaction line associated with that action will likely state "bank credit." (2) The more general meeting is when a financial institution extends credit to an individual or company through a credit card, loan or line of credit.
What does cl payment mean on a bank statement?
"CL payment" on a bank statement typically refers to a "credit line payment." This indicates a payment made towards a line of credit, such as a credit card or personal loan. It shows that you have made a payment to reduce your outstanding balance or credit utilization. If you have further questions about specific transactions, it's always best to contact your bank for clarification.
What does accounts mean?
A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
What Does Cash Credit Line Availability Mean?
It's the amount of credit on your credit card that is currently available for you to use for cash advance transactions.
What does it mean when a credit inquiry says open?
It means that the credit line described is still open and available for use.
What does dormant accounts mean?
A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
Do personal debts of family members affect credit ratings?
No, if it is a personal loan. Still, think of it this way, a poor credit rating with your family could be worse (you know what I mean).
What does a religious believer mean by personal conviction?
A personal conviction is your personal belief.
What does it mean says NE beside your credit hours?
The NE next to on your credit report stands for new credit. The hour you received the credit is not listed on a credit report, just the date and where you opened the credit line.
What does credit line suspended mean on your credit report?
A "credit line suspended" notation on your credit report indicates that a lender has temporarily halted your ability to access a specific credit account or line of credit. This can occur due to various reasons, such as missed payments, changes in your creditworthiness, or suspicious activity. While it doesn't impact your credit score directly, it can affect your overall credit utilization and available credit, which may influence future lending decisions. It's advisable to contact the lender for clarification and to understand the steps needed to reinstate the credit line.
