Hello All I have been following your posting for a few months now, even posted once or twice, but I have a question that I tried asking before but it remains unanswered. What does an "unrated" status mean on Trans Union? Thank you all for your posting I have learned a lot from you all.
RE: Question on "unrate&q IF you made ALL payments on time, and it is closed, it would be a good idea to ask for it to be "RATED" R1 or I1 or simular rating and "ACCOUNT CLOSED BY CONSUMER" AND NEVER LATE.
RE: Question on "unrate&q I agree with GEORGE's comments. It is also suspected that: As an example you take out a $1,000 / 1 year loan. You pay it off in 3 payments instead of 12. the loan becomes "unrated" because there is not enough loan history as 12 payments were not made. Some people believe that if you make 9 or more of the 12 payments, it will be "paid in full, never late". Loan scoring is a little scary as we don't really know the formula. thus, the answers are vague about "unrated".