2012年6月7日星期四

Raise Credit Score - Understand Credit Abbreviations and Acronyms Part 1

Raise Credit Score - Understand Credit Abbreviations and Acronyms Part 1,mbt schuhe

Are you frustrated with all of the different abbreviations and acronyms used in the credit world?

As you are working to restore your credit,christian louboutin soldes, don't let the jargon slow you down.

Here is a partial List of the Abbreviations and Acronyms you will see,hogan vendita, as you raise your credit score.

*b = bumpage
AG = Attorney General
ARM = Adjustable Rate Mortgage
AR = Account Review (soft pulls by creditors)
AU = Authorized User
BBB = Better Business Bureau
Beacon Score = See FICO.
BK = Bankruptcy
BK13 = Chapter 13 Bankruptcy
BK7 = Chapter 7 Bankruptcy
BT = Balance Transfer
BT promo = A BT at a promotional rate.
bumpage = pushing hard inquiries off your reports via daily credit pulls
C&D = Cease and Desist (stop collections)
C&D Full/Blanket = Notice to CA not to contact you in ANY way. You should only use if SOL is out.
C&D Limited = Notice to CA to only contact you by mail.
CA = Collection Agency
CAP 1 = Capital One
CB = Credit Bureau
CBR = Credit Bureau Report
CC = Credit Card
CCC = Credit Card Company
CCCS = Consumer Credit Counseling Services
CE Score = CreditExpert score.
Ch = Chapter
Choppage = A CRA may delete inquires before you get to the bumpage point.
Citi Backdoor Double = Rapidly applying for multiple Citibank CC products with the intention of combining their CL's. No longer effective?
CK = Credit Keeper
CL = Credit Limit
CLOAKING/SUPPRESSED = The CRA won't "EVER" let the information be put back on your report by the credit card or loan company or the collection agency.
CLOD = Creditnet Laborday Onslaught of Disputes
CM = Certified Mail
CMRRR = Certified Mail Return Receipt Requested

This list of course is not every abbreviation or acronym you will see as you work to raise your credit score. But it will make reading the credit jargon much easier.

Find more abbreviations and acronyms in articles such as:

Raise Credit Score - Understand Credit Abbreviations and Acronyms Part 2

Raise Credit Score - Understand Credit Abbreviations and Acronyms Part 3Related articles:

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