TU Account Terms for CC showing as MIN

[Anonymous]

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

Thanks,

[Anonymous]

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r92503lind wrote:

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

Thanks,

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Where is this showing? In what field?

Rob

[Anonymous]

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.

[Anonymous]

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

[Anonymous]

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

Thanks