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mindcrime2 · #61 (**permalink**) 03.12.2002, 21:01

Quote:

Originally posted by cariba
What is IMAO?

cariba

I believe you're referring to LMAO which means "laughing my as$ off"

GEORGE · #62 (**permalink**) 03.12.2002, 21:04

Quote:

Originally posted by mindcrime2

I believe you're referring to LMAO which means "laughing my as$ off"

OR are you looking for IMHO~~~IN MY HUMBLE OPINION???

BurnaDebt · #63 (**permalink**) 03.20.2002, 03:25

UHD? or something like that

BurnaDebt · #64 (**permalink**) 03.20.2002, 03:35

oops. not uhd.

UDF?

Pat · #65 (**permalink**) 03.20.2002, 05:50

UDF = Universal Data Form. Its the form that the subscribers (collectors, creditors, etc.) to the CRAs use to update/delete tradelines.

dimples1 · #66 (**permalink**) 03.25.2002, 06:14

I didn't feel like reading thru all the post, but what is trade line? What does it mean? Thanks.

Pat · #67 (**permalink**) 03.25.2002, 08:59

tradeline = a line (single entry) on your credit report.

Saar · #68 (**permalink**) 03.28.2002, 21:20

"R" - a lender's Retention department.

Retention Agents are usually much more powerful than ordinary customer service reps. They are trained to negotiate and will improve the terms of your account if your "profitability score" justifies it.

When a customer calls his credit card company and threatens to close his account, he may be referred to "R". Some lenders, such as Citibank, will let you talk to "R" upon request, without you having to threaten anything.

Saar

linda99 · #69 (**permalink**) 03.29.2002, 10:40

What do the codes R1, R5, R9 and the like stand for and mean?

Pat · #70 (**permalink**) 03.29.2002, 11:01

Linda,
This is from Equifax and would apply to an I#, R#, O#:

Rate Key*
0 Too new to rate
1 Pays account as agreed
2 Not more than two payments past due
3 Not more than three payments past due
4 Not more than four payments past due
5 At least 120 days or more than for payments past due
7 Making regular payments under W.E.P
8 Repossession
9 Bad Debt; placed for collection; skip

Dancer · #71 (**permalink**) 04.23.2002, 21:40

Quote:

Originally posted by lbrown59
Ok now what do we have for the wife?

BS = Beloved Spouse

Particularly effective when used in acarrying tone in public forums. As in: " Oh, Beloved Spouse, would you happen to know anything about the large dent in the new car?"

Dancer

tea · #72 (**permalink**) 05.01.2002, 21:03

General question--received letter today from Arrow stated they are going to delete account from tradeline. What is a tradeline?????? Need to know before I get happy. Also I have got another letter from a c/a for deletion do I need to send those letters to the CRA's?? If so can I just fax or CRRR???

Pat · #73 (**permalink**) 05.02.2002, 08:26

Quote:

Originally posted by Pat
tradeline = a line (single entry) on your credit report.

Butch · #74 (**permalink**) 05.02.2002, 20:58

Dear Pat,

PLEEEEZ tell me where I can get a copy of the
Universal Data Form.

Strike throughs are permitted in my stae, Ohio :(

Thanx

Butch

KHM · #75 (**permalink**) 05.03.2002, 04:28

Butch-
You can only get a UDF from the CA or original creditor. You can always make up your own settlement letter, but a UDF is a letter from the CA to the CRA's that you would just get a copy of for your records!

QUEEN_BEE · #76 (**permalink**) 05.10.2002, 16:58

Statute of Limitation (also called SOL): statutorily set maximum time periods during which lawsuits can be brought to enforce rights. After the time period set out in the applicable statute of limitations has run (expired), no legal action can be brought. The rationale is to force lawsuits to be brought while the evidence is still "fresh" and credible.

lbrown59 · #77 (**permalink**) 05.11.2002, 10:42

1*
If one doesn't have the gumption to make every effort to collect what is due him within 5Yrs. the matter needs to be dropped forever.
Why should the alleged debtor have this hanging over his head for eons simply due to the creditors procrastination.?
A 5 year S.O.L. is plenty long enough in all cases.
2*
The longer the sol the more likely the alleged debter may loose or missplace important evidence.Any sol over 5 years takes asvantage of this fact!

Quote:

Originally posted by Love

1*
Statute of Limitation (also called SOL): statutorily set maximum time periods during which lawsuits can be brought to enforce rights. After the time period set out in the applicable statute of limitations has run (expired), no legal action can be brought.

2*
The rationale is to force lawsuits to be brought while the evidence is still "fresh" and credible.

LKH · #78 (**permalink**) 05.11.2002, 14:22

Quote:

Originally posted by lbrown59
1*
If one doesn't have the gumption to make every effort to collect what is due him within 5Yrs. the matter needs to be dropped forever.
Why should the alleged debtor have this hanging over his head for eons simply due to the creditors procrastination.?
A 5 year S.O.L. is plenty long enough in all cases.
2*
The longer the sol the more likely the alleged debter may loose or missplace important evidence.Any sol over 5 years takes asvantage of this fact!

lbrown - this thread is supposed to be a glossary. That means it is NOT a lbrown tirade thread. Thank you.