topic Re: TU Account Terms for CC showing as MIN in General Credit Topics

TU Account Terms for CC showing as MIN

Anonymous — Wed, 01 Aug 2007 22:09:27 GMT

Does anyone know what this means? It doesn't show up this way on the true credit report only from myfico.

Thanks,

Re: TU Account Terms for CC showing as MIN

Anonymous — Thu, 02 Aug 2007 00:21:50 GMT

r92503lind wrote:
Does anyone know what this means? It doesn't show up this way on the true credit report only from myfico.

Thanks,

Where is this showing? In what field?

Rob

Re: TU Account Terms for CC showing as MIN

Anonymous — Thu, 02 Aug 2007 02:38:51 GMT

It shows up as the Terms of the account as MIN when you look at the detail on myfico. When I go to TC it doesn't have that info listed at all.

Re: TU Account Terms for CC showing as MIN

Anonymous — Thu, 02 Aug 2007 02:49:01 GMT

In the MyFico report formatting, it appears that Terms = MIN indicates a charge card, credit card, or line of credit with a minimum payment due. If a revolving account has no payment due (because of $0 balance or no payment for X months promo), then there is no Terms field for that account.

Message Edited by Revike on 08-01-2007 07:49 PM

Re: TU Account Terms for CC showing as MIN

Anonymous — Thu, 02 Aug 2007 03:23:45 GMT

That makes sense. I just didn't get it since it did not show up on the reports directly from the CRA.

Thanks