Monday, July 6, 2009

What do r9s on a credit report mean?

This is part of the universal rating code as follows;



0 Too new to rate.



1 Current



2 30 days late



3 60 days late



4 90 days late



5 120 days late



6 150 days late



7 Wage erner plan or bankruptcy



8 Repossession or foreclosure



9 Collection or charge off



U Unrated



What do r9s on a credit report mean?

R9 on a credit report means a collection or charge off



What do r9s on a credit report mean?

Bad credit. Each number represents a month. The higher the number, the more delinquent. Nothing higher than R9 or I9. R9 is revolvong debt like credit card. I9 is installment debt like a loan.



What do r9s on a credit report mean?

Collection or chargeoff.

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