New Contributor
Posts: 52
Registered: ‎05-07-2007


Under my TU report I show a mortgage completely paid off in 2006. Under status is says
unrated or bankruptcy. I'v never filed bankruptcy, so what does the unrated mean??
Valued Contributor
Posts: 1,699
Registered: ‎08-18-2007

Re: Statu??

Does anyone know the answer to this? I too would like to know the answer to this. thanks
Established Contributor
Posts: 673
Registered: ‎07-22-2007

Re: Statu??

Well I hope someone knows because its showing on mine too..Never bankrupt.....I think there should be a law against it for just being there....
TU 662 EQ 644
EX 643
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007

Re: Statu??

It's a neutral/positive status. A very common way, albeit slightly odd in phrasing, that TU codes some of its old positive tradelines is what produces that particular status line.

An underwriter seeing that comment won't assume that a BK was involved. Without evidence of an actual BK, the underwriter will know the tradeline is unrated. Nothing negative is being reported about it.

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