What does "unrated"

Discussion in 'Credit Talk' started by Centurion, Oct 20, 2000.

  1. Centurion

    Centurion Guest

    I had some lates on my credit reports, so of course I challanged them. Good news is they all seem to be going away.

    However, I had 2 30+ day lates on my Discover which were removed from my Transunion report. The account is marked "unrated". What does that mean? All of my other open accounts are marked paying as agreeed where the "unrated" is.
     
  2. ble103

    ble103 Guest

    RE: What does "unrated&qu

    Simply means your account is too new to rate,or if you have current credit card accounts open,and havn't used for some time then this code would appear becuase of inactivity.Hope this helps you.
     
  3. Centurion

    Centurion Guest

    RE: What does "unrated&qu

    That's what I thought, but I have had this card since 1996 and I have been using it. The last time I got a credit report from Transunion it said "Paid or paying as agreed". Why would it become unrated now?
     
  4. GEORGE

    GEORGE Well-Known Member

    RE: What does "unrated&qu

    I would ask it to be rated as paid or paying as agreed or account closed by consumer, or have it removed. Unrated doesn't help you in any way!!!
     

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