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Posted: Sat Mar 15, 2008 9:22 pm Subject: R-9 Rating? |
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What is a R-9 Rating on a credit report?
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Jenny Mckenzie
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Posted: Sun Mar 16, 2008 5:05 am Subject: |
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Provides details of your credit transactions and shows whether payments are being made. Each of these "trade" items is evaluated by the credit grantor.
The evaluations are based on industry standard ratings, the most common of which use a range from R0 to R9. R0 indicates you are too new to rate; R1 indicates that you pay within 30 days of billing or as agreed; R9 indicates a bad debt, collection or bankruptcy.
you can explain in it, you can add a brief comment about any information in your file. For example, if you have an R9 rating, you may want to explain that you suffered a setback due to illness, temporary unemployment or other extenuating circumstances.
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erb1953

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Posted: Sun Mar 16, 2008 5:49 am Subject: |
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Where would that tidbit of information be located on the report? I just scrolled through mine from yesterday, and I don't have anything marked R-anything.
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unclewulf
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Posted: Sun Mar 16, 2008 9:56 am Subject: |
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I'm not sure these are used anymore, except as jargon. Regardless, erb's post is correct.
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Morningstar
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Posted: Sun Mar 16, 2008 10:46 am Subject: |
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Thanks for the info. I thought I was overlooking something important.......
_________________ -
The four 'no's of dealing with collectors:
No validation?
No payment.
No way!
No kidding!!
Economic Stimulus information from the Infernal Revenue Sadists
Tellin' you all the zomby troof
Here I'm is, the zomby woof
[Frank Zappa, 1988 - R.I.P.]
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unclewulf
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Posted: Sun Mar 16, 2008 11:33 am Subject: |
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I think it is on the report a creditor might see. We still see them at work mostly on Trans Union though.
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FYI
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Posted: Sun Mar 16, 2008 11:38 am Subject: |
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Hmmmm...........
_________________ -
The four 'no's of dealing with collectors:
No validation?
No payment.
No way!
No kidding!!
Economic Stimulus information from the Infernal Revenue Sadists
Tellin' you all the zomby troof
Here I'm is, the zomby woof
[Frank Zappa, 1988 - R.I.P.]
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unclewulf
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