Navigating your credit report can be very confusing. You want to make sure you understand everything on your credit report. Below is a sample of some abbreviations used on credit reports, for more information contact www.questgroup-usa.com
I = Installment account
R = Revolving account
M = Mortgage or Real-estate
1 = always paid on time
3 = 60 days late
9 = charged off as bad debt, collection, un-collectable, or charged off
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