What is a r9 rating in credit reporting?
Answers:
Bankruptcy
Bad
R-9 is part of the universal rating code. It stands for collection/charge-off.
Here is the whole list.
0 Too new to rate
1 Current
2 30-days late
3 60-days late
4 90-days late
5 120-days late
6 150-days late
7 Wage earner plan or bankruptcy
8 Repossession of foreclosure
9 Collection or charge-off
U Unrated
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