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Commonly Used Abbreviations

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AR = Account Review

Big 3 = All 3 credit bureaus: Trans Union, Equifax, Experian

BK = Bankruptcy

BT = Balance Transpher

BUMP = Used to move your topic back to the top of the list.

CA = Collection Agency

CC = Credit Card

C&D = Cease and Desist

CHOD = Creditnet Holiday Onslaught of Disputes

CO= Charge Off

CR = Credit Report

CRA = Credit Reporting Agency

CMRRR = Certified Mail Return Receipt Requested

DOLA = Date of Last Activity

DV = Debt Validation

EQ = Equifax

EX = Experian

FAKO = Scores that aren't FICO, marketed by CRA's and 3rd parties

FCBA = Fair Credit Billing Act

FCRA = Fair Credit Reporting Act

FDCPA = Fair Debt Collection Practice Act

FICO = Fair Isaac & Co.'s "secret" scoring formula (ie: your credit score)

Green Card = signature card that is returned to sender (CMRRR)

ITS = Intent To Sue

JDB = Junk Debt Buyer

MOV = Method of Verification (same as a PR)

OC = Original creditor

PG = Privacy Guard

PP = Permissible Purpose

PR = Procedural Request

SOL = Statute of limitations

TILA = Truth In Lending Act

TL = Tradeline (creditor entries on your reports)

TU = TransUnion

UCC = Uniform Commercial Code

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BK7 = Chapter 7 Bankruptcy

BK13 = Chapter 13 Bankruptcy

IIB = Included in Bankruptcy

OP = Original Poster

WO = Write off (similar to charge off CO but usually means OC has sold debt to JDB)

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Originally posted by Anisah_H.

Glossary of Credit Abbreviations

30 DAY DEL -- Account past due 30 days

30 2 TIMES -- Account past due 30 days 2 times

30 6+TIMES -- Account past due 30 days 6 times or more

30 WAS 60 -- Account was delinquent 60 days, now 30 days

BAD DEBT -- Bad debt; placed for collection; written off to profit and loss

BK 7-FILE -- Voluntary or involuntary petition for Chapter 7 bankruptcy

BK 7-DISC -- Voluntary or involuntary petition in Chapter 7 bankruptcy discharged

BK 7-DISM -- Voluntary or involuntary petition in Chapter 7 bankruptcy dismissed

BK 11-FILE -- Voluntary or involuntary petition in Chapter 11 bankruptcy filed

BK 13-FILE -- Petition in Bankruptcy Chapter 13 filed

BK 13-COMP -- Petition in Bankruptcy Chapter 13 completed

BK ADJ PLN -- Debt included in or completed through Bankruptcy Chapter 13

BK DISC -- Bankruptcy discharged

BK LIQ REO -- Debt included in or discharged through Bankruptcy Chapter 7 or 11

CH 13 CASE -- Chapter 13 bankruptcy

CHARGE OFF -- Unpaid balance reported as a loss by credit grantor

CHATTEL MO -- Chattel mortgage

CIV JD SAT -- Civil judgment satisfied

CLOS INAC -- Closed inactive account

CLOS NP AA -- Credit line closed, not paying as agreed

COLL ACCT -- Account seriously past due; account assigned to attorney, collection agency or credit grantor's internal collection department

CO NOW PAY -- Now paying, was a charge-off

COUNSEL SER -- Debt counseling service

CO TAX LN -- County tax lien

CO TAX REL -- County tax lien released

CR CD LOST -- Credit card lost or stolen

CR LN CLOS -- Credit line closed, reason unknown or by consumer request; there may be a balance due

CR LN RNST -- Account now available for use and is in good standing. Was a closed account

CURR ACCT -- This is either an open or closed account in good standing

CUR WASCOL -- Current account was a collection account

CUR WAS DL -- Current account was past due

CUR WAS FOR -- Current account. Foreclosure was started.

CUR WAS 30 -- Current account was 30 days past due

CURWAS 30-2 -- Current account was 30 days past due twice

CURWAS 30-3 -- Current account was 30 days past due 3 times

CURWAS 30+6 -- Current account was 30 days past due 6 times or more

CUR WAS 180 -- Current account was 180 days or more delinquent

CV SUIT FI -- Civil suit filed

DECEASED -- Consumer deceased

DELINQ 60 -- Account delinquent 60 days

DELINQ 90 -- Account delinquent 90 days

DELINQ 180 -- Account delinquent 180 days

DEL WAS 90 -- Account was delinquent 90 days, now 30 or 60 days

DEL WAS 120 -- Account was delinquent 120 days, now 30, 60, or 90 days

DEFLT JDGMT -- Judgment by default

FED TAX LN -- Federal tax lien

FED TX REL -- Federal tax lien released

FIN COUNS -- Financial counselling

FIN DIVORCE -- Final divorce

FIN STMENT -- Financial statement

FORECLOSURE -- Credit grantor sold collateral to settle defaulted mortgage

FORE PROC -- Foreclosure proceeding started

GOV CLAIM -- Claim filed with government for insured portion of loan balance

INS CLAIM -- Claim filed for payment of insured portion of balance

JD DEFAULT -- Judgment by default

JUDJ RELEA -- Judgment released

JUDGMT SAT -- Judgment satisfied

JUDG VACAT -- Judgment vacated or reversed

MECH LIEN -- Mechanics lien

MECH RELE -- Mechanics lien released

NOT PD AA -- Account not being paid as agreed

NT RESPON -- Not responsible notice e.g., husband or wife claims not responsible for debts incurred by the spouse

OVER 30 -- Pays (or paid) in more than 30 days, but not more than 60 days,

1 PAST DUE -- Not more than 1 payment past due

OVER 90 -- Pays (or paid) in more than 90 days, but not more than

3 PAST DUE 120 days -- 3 or more payments past due

OVER 120 -- Pays (or paid) in 120 days or more

PD BY DLER -- Credit grantor paid by company who originally sold the goods

PD CHG OFF -- Paid account, was a charge-off

PD COLL AC -- Paid account, was a collection account, insurance claim or education claim

PD FORECLO -- Paid account. A foreclosure was started

PD NOT AA -- Paid account. Some payments were made past agreed due dates

PD REPO -- Paid account, was a repossession

PD WAS 30 -- Paid account, was past due 30 days

PD WAS 30-2 -- Paid account, was past due 30 days 2 or 3 times

PD WAS 30-4 -- Paid account, was past due 30 days 4 times

PD WAS 30+6 -- Paid account, was past due 30 days 6 times or more

PD WAS 180 -- Paid account, was delinquent 180 days or more

REMD REPO -- Account was a repossession, now redeemed

REPO -- Merchandise taken back by credit grantor; balance may be due

SCNL -- Credit grantor cannot locate consumer

SCNL NWLOC -- Credit grantor could not locate consumer, consumer now located

SETTLED -- Account legally paid in full for less than the full balance

SLOW PAY -- Not paying as agreed

STAT TX LN -- State tax lien

STA TX REL -- tate tax lien released

SUIT DISMD -- Suit dismissed or discontinued

TOO NEW RT -- Too new to rate

TRANSFERRED -- Account transferred to another office

VOLUN REPO -- Voluntary repossession

WAGE ASIGN -- Wage assignment

WAGE EARNR -- Making payments under Wage Earner Account Plan (Chapter 13 bankruptcy)

W/A RELEASE -- Wage assignment released

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I'll just make one addition here because it's important:

DOFD - date of first delinquency - this date determines the start of the reporting period for negative entries on your reports.

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It's the final meeting of you/trustee/creditors in a bankruptcy.

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I am just posting here so I can use the word Acronym, because that is how I tried in vain to search for this list before. Hoepfully now if anyone searches for acronyms instead of abbreviations, this post will help them find it. 8]

THANKS SO MUCH for compiling the lists! I printed these out and left them by my computer for easy reference while I was leaning the ropes!

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OPS or 1PS - One Party State (for the recording of telephone calls)

APS or 2PS - All Parties State (for the recording of telephone calls)

SWMBO - She Who Must Be Obeyed

GW - Goodwill

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Thought I'd make a more complete list and easier to search title.

3 in 1 ... Three-in-one CRs offered by credit monitoring services, does not include all info

AG ... Attorney General

APR ... Annual percentage rate

APS or 2PS ... All Parties State (for the recording of telephone calls)

AR ... Account Review

ARB ... Arbitration

AU ... Authorized user (on a CC)

B* ... "Bumping" hard pull inquires from TU with soft pulls from TC

BBB ... Better Business Bureau

Big 3 ... All 3 credit bureaus: Trans Union, Equifax, Experian

BK ... Bankruptcy

BK7 ... Chapter 7 Bankruptcy

BK13 ... Chapter 13 Bankruptcy

BT ... Balance Transfer

BUMP ... Used to move your topic back to the top of the list

Bumping ... See B* above

CA ... Collection Agency

CB ... Credit Bureau (also see CRA)

CC ... Credit Card

C&D ... Cease and Desist

CHOD ... Creditnet Holiday Onslaught of Disputes

CL ... Credit Limit

CLI ... Credit limit increase

CO ... Charge Off

CR ... Credit Report

CRA ... Credit Reporting Agency

CMRRR ... Certified Mail Return Receipt Requested

DJ ... Default Judgment

DTI ... Debt To Income ratio

DOFD ... Date of First Delinquency (not to be confused with DOLA)

DOLA ... Date of Last Activity

DV ... Debt Validation

eOscar ... Online verification system CRAs use with OCs, CAs & JDBs

EQ ... Equifax

EX ... Experian

F2F ... Face to face

FA ... Fraud Alert

FAKO ... Scores that aren't FICO, marketed by CRA's and 3rd parties

FCBA ... Fair Credit Billing Act

FCRA ... Fair Credit Reporting Act

FDCPA ... Fair Debt Collection Practice Act

FICO ... Fair Isaac & Co.'s "secret" scoring formula (ie: your "official" credit score)

FOAD ... F**k Off and Die - just a little humor similar to C&D

GC ... Green Card, signature card that is returned to sender (CMRRR)

GW ... Goodwill - usually a letter or email sent

HELOC ... Home Equity Line Of Credit

HP ... Hard pull, or hard inquiry on your CR (counts against score)

IIB ... Included in Bankruptsy

ITS ... Intent To Sue

JDB ... Junk Debt Buyer

MOV ... Method of Verification (same as a PR)

OC ... Original Creditor

OP ... Original poster (of thread)

OPS or 1PS ... One Party State (for the recording of telephone calls)

PG ... Privacy Guard

PIF ... Paid in Full

PFD ... Pay for Delete

PM ... Private message (on forums)

PP ... Permissible Purpose

PR ... Procedural Request

SC or SCC ... Small Claims court

SWMBO ... She Who Must Be Obeyed

SOL ... Statute of Limitations

SP ... Soft pull, or soft inquiry on your CR (doesn't count against score)

TC ... TrueCredit, the monitoring service offered by TU

TILA ... Truth In Lending Act

TL ... Tradeline (creditor entries on your reports)

TU ... TransUnion

UCC ... Uniform Commercial Code

WO ... Write Off (simular to CO, debt probably sold)

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AA or AAC ... Asset Acceptance Corp.

AFNI ... Anderson Financial Network, Inc.

AI ... Allied Interstate, Inc.

AFS ... Arrow Financial Services

AmEx ... American Express

ARS ... Ameriquest Recovery Services

CA, CACV, CACH ... Collect America, CACV aka CACH, LLC

CMS ... Capital Management Services

CRS ... Capital Recovery Services Group

C1, Crap1 ... Capital One Bank/Westmorland Agency

CSI ... Credit Systems International

GF ... Genesis Financial Corp.

JC ... Jefferson Capital Systems

LVNV ... LVNV Funding, LLC

MCM, Mid ... Midland Credit Management, Inc.

NCO ... NCO Financial Systems

PC ... Palisades Collections, LLC

PR ... Portfolio Recovery Associates, LLC

RF ... Resurgence Financial, LLC

SFG ... Sherman Financial Group/Alegis (SDB)

TL or TLF ... TrueLogic Financial Corp.

WAM ...West Asset Management Inc.

WaMu ... Washington Mutual

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Anyone know what F/R stands for?

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