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psp in nm · #**121** (**permalink**) 01.11.2003, 10:10

How about SOP?
Standard Operating Procedure

saqib · #**122** (**permalink**) 01.11.2003, 10:16

Here is everything alphabetized. If I missed something "edit" this messege and isert one.
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
"R" a lender's Retention department.
"TOY CARD" When a credit card company gives you an 80% lower credit limit, THAN YOUR CURRENT LOWEST CREDIT LIMIT...
<bump> used by someone when they are looking for an answer to the thread, but have not received one yet, and the thread itself is getting pushed back to the second page, where members are less likely to see/read it.Feel free to "bump" your post to the top by replying to your own message and typing <bump> in the body of your reply.
A.G. State Attorney General
AASILVER + AAGOLD PLATINUM SELECT
AU Authorized User
BK7 - Chapter 7 (bankruptcy) The Mark Of The Beast and a CRA entry to avoid (or eliminate) at all costs!
BS Beloved Spouse
BT -... Balance Transfer. What you use to remove a balance from a card that does you wrong! The evildoer goes into the...
BT promo - A BT at a promotional rate. Used to ping-pong balances around so that you end up paying less on your unsecured debt than you do your (secured) car loan, or maybe even your mortgage!
BTW By the way
C.H.O.D CreditNet Holiday Onslaught of Disputes
C.S.O.D. CreditNet Summer Onslaught of Disputes
CA - Collection Agency. Really bad guys! They always blame the CRA's (above).
CAP 1 Capital One
CC - CC - Credit Card.
CCC Credit Card Company or Consumer Credit Counseling Service
CCCS CCCS - Consumer Credit Counseling Services. Good guys with a fair mission statement who will take your money, make delinquent payments to your creditors, and trash up your tradelines with their notations. Oh, and they might save you some money. Or not.
CCRR Consumer Credit Reporting Reform [act] of 1996.
CE score - CreditExpert score. A bullsh!t facsimile of FICO scoring cooked up by Experian (a CRA) and not used by any lender. Intended to part consumers with their hard earned cash.
Cert. Certified
CHOD - (need help with this one)
Citi Backdoor Double - Rapidly applying for multiple Citibank CC products with the intention of combining their CL's. No longer effective?
CL - Credit limit. Many people use rather unorthodox yet crafty methods to snag more of this. (See Citi Backdoor Double)
CLOAKING SUPPRESSED - The CRA won't "EVER" let the information be put back on your report by the credit card or loan company or the collection agency.
CLOD creditnet laborday onslaught of disputes
CO charge off
Col. Collect
Cr. Credit
CRA - CRA - Credit Reporting Agency. Bad guys. They always blame their mistakes on:
Cred. Creditor
CRRR Certified mail Return Reciept Requested.
Del. Delete
derog Derogatory tradeline = an item on your credit file that is negative in any way.
DOLA Date of Last activity
EQ Equifax. Another CRA.
EXP (or EX) - Experian. Another CRA.
FCRA Fair credit Reporting Act
FDCPA Fair Debt Collection Practices Act
FICO score - Fair Isaac. A black-box credit scoring system used to predict (and in many people's opinion CAUSE) a borrower's future default. Also known as BEACON. 500's: You have a lot of work to do. 600's: You're not done yet. 700's: You're golden. 800's: You're God.
Gar. Guarantee
GC Green Card
Goodwill letter correspondence or letter created by PsychDoc to get late payments removed, due to some unfortunate event in your life that caused the late payments, from your current and positive tradelines.
IMHO IN MY HUMBLE OPINION???
Info. Information
Int. Interest
Lib. Liability
Litigious Nutcase Letter - Litigious Nutcase Letter - A letter written by PsychDoc that you can use to make yourself look like a lawsuit-happy whacko in an attempt to make paid collection/charge-off tradelines disappear for good! Best when notarized and sent via certified mail for maximum psychological effect (why do you think he's called PsychDoc?!?)
LOC - Line of credit. Not too much different than a CC account but generally more of a hassle to use.
LOL laughing out loud
Mr Cooke - A privacy conscious gentleman who works for Capitol One's Executive Retention(?) department. He is loved by many and is often regarded as a candidate for elevation to sainthood.
My XXXXXXXX card got "DISCOVERED"...(IN THE SOCK DRAWER)
Neg. Negative
OC original creditor
Orig. Original
OT Off Topic
P.D. Permanently Delete (ed)
PBM (p)roverbial (b)oard (m)onitor.
Perm. Permanent
PFB - Planetfeedback.com. A nifty site that will hold your hand through the process of writing an electronically submitted feedback letter to faceless corporations and optionally share them with the general public. Also a great place to read train-wreck letters written by livid yet clueless people who inflict their unruly progeny on the general public in stores and restaurants and somehow expect the management to tolerate them or even welcome them back.
PITA Pain In the A$$
Resp. Responsible
RFLMAO! (rolling on the floor laughing my ass off)
SCC Small Claims Court
Silent - Silent - Credit accounts (often Amex LOC) that do not appear on your credit history in any way, shape, or form. Great places to hide debt! Poor places to build credit!
SOCK DRAWER SOCK DRAWER - Credit card purgatory. Where you place the CC's from companies that just won't play ball with you. The idea is to have them come begging for your business again.
SOL 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
SOP - Standard Operating Procedure
TD turned down
tradeline A line (single entry) on your credit report
Tradeline - Tradeline - An entry in your credit history. Many of us go through hell to make certain ones to go away. Others want certain ones to appear.
TU - Transunion. A CRA.
UDF a letter from the CA to the CRA's that you would just get a copy of for your records!
UDF Universal Data Form. Its the form that the subscribers (collectors, creditors, etc.) to the CRAs use to update/delete tradelines.
Val. Validation
Val. L Validation Letter
Xfer transfer

msbandit · #**123** (**permalink**) 02.24.2003, 12:37

I'm a newbie...and although I read the definition of a "Tradeline", I was still a bit clueless of exactly "what" it was. I found this on the net and thought I would share it with the other "Newbies", especially if they are like me and need the CreditNet DUMMIES Book. :-)

Tradeline typically includes a customer's name, address, date of birth, telephone number, Social Security number, account type, opening date of account, credit limit, account status, and payment history.

Also, can someone clarify that when you ask for removal, you are requesting ommission of the information in the "Status Details" section of the CRs? Thanks for all the advice I have been reading on this site. I feel like I can come out of the corner and remove my "dunce" cap and start my journey to the 700 Club!

lbrown59 · #**124** (**permalink**) 03.13.2003, 17:00

Simply put :The accounts listed on a credit report.

Quote:

Originally posted by msbandit
I'm a newbie...and although I read the definition of a "Tradeline", I was still a bit clueless of exactly "what" it was. I found this on the net and thought I would share it with the other "Newbies", especially if they are like me and need the CreditNet DUMMIES Book. :-)

Tradeline typically includes a customer's name, address, date of birth, telephone number, Social Security number, account type, opening date of account, credit limit, account status, and payment history.

Also, can someone clarify that when you ask for removal, you are requesting ommission of the information in the "Status Details" section of the CRs? Thanks for all the advice I have been reading on this site. I feel like I can come out of the corner and remove my "dunce" cap and start my journey to the 700 Club!

hreid3 · #**125** (**permalink**) 05.26.2003, 07:03

What is HEA?

lbrown59 · #**126** (**permalink**) 05.28.2003, 11:44

Higher Education Act - student loan laws
BAlZebub
====================
Thank you

Quote:

Originally posted by hreid3
What is HEA?

moneyelf · #**127** (**permalink**) 09.14.2003, 11:38

What is:?

ITS

PG

GEORGE · #**128** (**permalink**) 09.14.2003, 12:57

Quote:

Originally posted by moneyelf
What is:?

ITS

PG

INTENT TO SUE

PERSONAL GUARANTEE (has to due with business credit

lbrown59 · #**129** (**permalink**) 01.03.2004, 22:09

T L

TL equals TradeLine.

A trade line is a debt or account listed on a credit report.

~~~~~~~~lb 59~~~~~~~~~~~~

Butch · #**130** (**permalink**) 01.17.2004, 23:26

GL = Good Luck

:)

lbrown59 · #**131** (**permalink**) 04.01.2004, 07:01

JK

Just
Kidding.

lbrown59 · #**132** (**permalink**) 04.01.2004, 07:02

Just Kidding.
White out.

Cosmo · #**133** (**permalink**) 04.02.2004, 11:45

What is CMRR?

Cosmo

astonished · #**134** (**permalink**) 05.31.2004, 20:46

What is PG?

What is a "PULL"?

lbrown59 · #**135** (**permalink**) 05.31.2004, 21:13

Quote:

Originally posted by astonished
What is PG?

What is a "PULL"?

A place or company to get your 3 in one credit reports from.
3 in one means information from each of the big 3 CRAs.
They call it a tri merged report.

A pull is when someone obtains your credit report.

furtik · #**136** (**permalink**) 07.15.2004, 06:34

What is a Non - PP Puller?

furtik · #**137** (**permalink**) 07.15.2004, 06:35

/bump

lbrown59 · #**138** (**permalink**) 07.15.2004, 06:46

Quote:

Originally posted by furtik
What is a Non - PP Puller?

One who has no permissible purpose to pull a credit report.

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