rickeyleee Posted October 21, 2008 Report Share Posted October 21, 2008 I think I asked the forum about this a while back and no one seemed to know the answer, the same for another forum..... anyhow, I spoke with a CA today that told me that if the rating of R-9 was showing up for a charge offed account, and that if it has been settled, it should show up as an R-UR which translated to unrated. I just thought that this was interesting to know and look for on my settled accounts. Link to comment Share on other sites More sharing options...
direred Posted October 21, 2008 Report Share Posted October 21, 2008 UR = unrated, not derogatory.9 = chargeoff.However, a paid chargeoff or collection still shows as a 9, I believe.Rating Description R0 or I0 Too new to rateR1 or I1 Current R2 or I2 30 days late R3 or I3 60 days lateR4 pr I4 90 days late R5 or I5 120+ days late R7 pr I7 Payment Plan R8 or I8 RepoR9 or I9 Charged off/CollectionNote that these are the older system, and I don't believe it's used any more for reporting. What is used is a much richer system that distinguishes between paid chargeoffs and chargeoffs. Link to comment Share on other sites More sharing options...
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