answersLogoWhite

0


Best Answer

Yes.

User Avatar

Wiki User

โˆ™ 2008-10-15 22:23:23
This answer is:
User Avatar
Study guides

Credit

23 cards

What can a creditor do if you are in default on a credit card

What do you do when your application for credit is rejected

How can you get a loan with 470 credit score

Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance

โžก๏ธ
See all cards
3.77
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
13 Reviews

Add your answer:

Earn +20 pts
Q: Does LATE and Delinquency in Credit report mean the same?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does delinquency of credit mean?

It means you have late payments.


What does delinquency on a credit report mean?

Means that you did not pay your bills on time, or that you've never paid some of them. Make sure you get that straightened out, then don't be late again! That information stays on your credit report for up to seven years!!!


What does election of remedy on credit report mean?

What does election of remedy on a credit report mean


What does it mean when they say that your credit report is suppressed?

When you suppress your credit report, that means that anybody who pulls your credit report will get no information back. It will not even give the header that comes on the credit reports. So if you are looking to get some type of credit do not suppress your credit report.


What does NA mean on credit report?

Not Applicable.


What does HC mean on a credit report?

HC on a credit report means High Credit. This is the highest amount of money a creditor has issued to you in the past.


What does a rating of 1 mean with Dun and Bradstreet?

There are a few different ratings that appear on a Dun & Bradstreet Credit Report. On certain sections of a D&B® credit report, a 1 could indicate a business has a low likelihood of delinquency, low likelihood of financial stress, or, if the company is a supplier, a low risk of shutdown in a 12-month outlook.


If unpaid medical is not on your credit report can they charge you for it after the fact?

Yes. Some institutions/businesses do not report to credit bureaus. The debt not being placed on a credit report does not mean it is not completely valid and collectible.


What does a Dun Bradstreet rating of 5 mean?

There are a few different ratings that appear on a Dun & Bradstreet Credit Report. Depending on the section of the D& B® Credit Report in question, a 5 could indicate a business has a high likelihood of delinquency, high likelihood of financial stress, or, if the company is a supplier, a moderate likelihood of shutdown in a 12-month outlook.


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.


If you are two months late on a house payment or car payment how will that effect your credit and how long will it show up on the credit report?

History on your credit accounts, especially what has taken place in the last twelve months, accounts for 35% of your credit score. This can mean a 200 to 300 point deduction for late payments. The derogatory information stays on your credit report for 7 years. But it will start to affect your score less and less after that critical 12 month period is over.


What does the plus symbol next to the score on a credit report mean?

This depends on where you got the credit report. Different companies use different symbols.

People also asked