Credit Ratings

What is a M9?

• Account closed by collection

• Account close by the customer

• Account with cease and desist

• Accoun closed by Fortiva

Can we erase a B5?

• Yes, just if the customer request it

• No. Just fraud can do it

• Yes, After verify the address

• No, Collection do that.

An account enrrolled in collections pay out program will have a:

• B9

• R9

• V9

• T9

What is a B6?

• Account closed

• Temporary hold, possible fraud or card lost / Stolen

• Returned mail

• Bankruptcy

Can we reopen an account with R9?

• Yes, if the customer request it.

• No, just fraud can do it

• No, is closed by Fortiva

• Yes, If it meets the requierments

If some one reports the death of the account holder which credit rating do we place?

• B7

• B6

• V9

• D9

What is a V9?

• Account closed due to inactivity

• Bankruptcy chapter 9

• Revoked Account

• Change in terms

• Program termination

What is a S1

• Locked card

• Returned mail

• Fraud

• Possible fraud

What is a V8?

• Cease and desist open account

• Cease and desist closed account

• charged off account

• Bankruptcy chapter 8

What is a B3?

• Settled account

• Bankruptcy chapter 7

• Lost or Stolen

• Pay out account