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What Does this TL Mean?

Discussion in 'Credit Talk' started by pd11604, Aug 1, 2003.

  1. Aug 1, 2003 #1
    pd11604

    pd11604 Well-Known Member

    This TL shows up on my CR
    Is it Positive or Negative TL?

    Account Number: XXXXXXXX
    Acct Type: Credit Card - Revolving Terms
    Acct Status: Closed
    Monthly Payment: $0
    Date Open: Nov, 1992
    Balance: $0
    Terms: Revolving
    High Balance: $1,821
    Limit: N/A
    Past Due: $0
    Remarks: Transferred to another lender or claim purchased
    Payment Status: Account transferred to another office
     
  3. Aug 1, 2003 #2
    jsummers

    jsummers Well-Known Member

    Positive.. There are no negative remarks on the account

    bascially saying someone bought your acccount..or they transfered it between lenders..
     
  4. Aug 1, 2003 #3
    pd11604

    pd11604 Well-Known Member

    ok thanks, that must also explain why it also says "scheduled to remain on my report until 2012!!!
     
  5. Aug 1, 2003 #4
    pd11604

    pd11604 Well-Known Member

    ok thanks, that must also explain why it also says "scheduled to remain on my report until 2012!!!
     
  6. Aug 1, 2003 #5
    thickman66

    thickman66 Well-Known Member

    yeah/...positives stay for 10 years
     
  7. Aug 3, 2003 #6
    vazq

    vazq Active Member

    I have a Sears account listed the same way, $0 bal , trans or sold and it is listed w/ my derogs/delinquent accounts
     

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