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R-9 Rating?

Date: Sat, 03/15/2008 - 21:22

Submitted by anonymous
on Sat, 03/15/2008 - 21:22

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Total Replies: 6


What is a R-9 Rating on a credit report?


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.


lrhall41

Submitted by erb1955 on Sun, 03/16/2008 - 05:05

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