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A write off means a charge off. This is one a creditor closes an account due to non payments.
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∙ 16y ago
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What does NA mean on credit report?
Not Applicable.
What is a writeoff?
A writeoff is a cancellation of an item, or something which is now worthless, such as a car after an accident.
How can something be removed from your credit report?
It depends on what you mean. If you have erroneous information on your credit report, contact the credit reporting agency and tell them you want to file a dispute. If you're referring to a negative credit account or report that is in fact accurate, you usually cannot have that removed. Entries on your credit report are removed automatically after 7-10 years depending on what it is.
What does the acronym NB stand for in a credit report mean?
NOTA bENE
What does it mean when an unpaid account is closed on your credit report?
that it has been closed by either you or the company- either way it shows as a negative in your report
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 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 NA mean on credit report?
Not Applicable.
What does a voluntary repossession do to your credit?
Any repossession will negatively impact your credit. Organizations using the credit report do not differentiate between voluntary and non-voluntary. Rather, the organizations see that you were not responsible with credit and what you purchasd needed to be taken away. Generically, a repossession is considered the same as a chargeoff or writeoff, so the impact on the credit score may be anywhere from 50 to 200 points, depending on one's personal credit situation.
What is a writeoff?
A writeoff is a cancellation of an item, or something which is now worthless, such as a car after an accident.
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 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.
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.
Does LATE and Delinquency in Credit report mean the same?
Yes.
What does deragotory mean?
It's a negative entry...such as on a credit report.
What does NA mean for job listings on credit report?
Not Applicable
