Hi, I was just wondering if anyone could explain the difference between a AM (account monitoring) and AR (account review) on credit reports. They seem almost the same.
I believe that AR=Account Review and AM=Account Monitor both of which mean that one of your creditors reviewed the info in your report. This is from Equifax (From the bottom of your online report): -------------------- THE FOLLOWING INQUIRIES ARE NOT REPORTED TO BUSINESSES: - PRM - This is a promotional inquiry in which only your name and address were given to a credit grantor so you could be solicited you with an offer such as a credit card. (PRM inquiries remain on file for 12 months.) - AM or AR - These inquiries indicate a periodic review of your credit history by one of your creditors (AM and AR inquiries remain on file for 12 months.) - EQUIFAX, ACIS or UPDATE - These inquiries indicate Equifax's activity in response to your contact with us for either a copy of your credit file or a request for research. - PRM, AM, AR, INQ, EQUIFAX, ACIS and UPDATE inquiries do not show on credit files that businesses receive, only on copies provided to you. -------------------- -Peace, Dave
