MBNA Apple loan / Gold Options

Discussion in 'Credit Talk' started by Saar, Aug 17, 2002.

  1. Saar

    Saar Banned

    Does it appear on your report as "I1" (istallment loan) or as "R1" (revolving credit line) ?


    Thanks,
    Saar
     
  2. marc04

    marc04 Well-Known Member

    On my Gold Option account--it showed up as a revolving account. I discussed this account with MBNA because I had a set payment amount X so many months for repayment(I tried to get it to show as installment) but was told it was revolving and this is how it showed on all 3 reports--Marc
     
  3. pdewitt99

    pdewitt99 Well-Known Member

    It shows up as a revolving Line of credit account. And they report it quickly, within 2 weeks.
     
  4. jrjr35

    jrjr35 Well-Known Member

    R1
     

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