Posted on: 08th May, 2007 10:44 am
What is the payment/identification code to identify a 30 day account on a credit report in case the credit report does not clearly state whether it is a revolving account or 30- day account or installment.
IN the tradelines section, you will see CS (Current Status). A 30 day account will have the status of "O".
Any account which will have a status "O", would mean a 30,60 or 90 day account.
Any account which will have a status "O", would mean a 30,60 or 90 day account.
If you see the status as O1, then it means that payments are being made as agreed while O2 would mean not more than 2 payments past due. And if it O9, then it means a bad debt placed for collections.
Miller
Miller
I have a similar question, what would be showing on the report if its a installment or revolving account. and what does RPTD,OPND means?
Hi Bullwinkel,
Welcome to Mortgagefit discussion board.
Installment accounts have I status while revolving accounts are listed as R.
The other thing you have asked is about RPTD, OPND. It shows the month & year the account was last reported and when it was originally opened.
Do let me know if you have any other questions.
Thanks
Blue
Welcome to Mortgagefit discussion board.
Installment accounts have I status while revolving accounts are listed as R.
The other thing you have asked is about RPTD, OPND. It shows the month & year the account was last reported and when it was originally opened.
Do let me know if you have any other questions.
Thanks
Blue