Commonly Used Abbreviations

[DocDon]

AR = Account Review
Big 3 = All 3 credit bureaus: Trans Union, Equifax, Experian
BK = Bankruptcy
BT = Balance Transpher
BUMP = Used to move your topic back to the top of the list.
CA = Collection Agency
CC = Credit Card
C&D = Cease and Desist
CHOD = Creditnet Holiday Onslaught of Disputes
CO= Charge Off
CR = Credit Report
CRA = Credit Reporting Agency
CMRRR = Certified Mail Return Receipt Requested
DOLA = Date of Last Activity
DV = Debt Validation
EQ = Equifax
EX = Experian
FAKO = Scores that aren't FICO, marketed by CRA's and 3rd parties
FCBA = Fair Credit Billing Act
FCRA = Fair Credit Reporting Act
FDCPA = Fair Debt Collection Practice Act
FICO = Fair Isaac & Co.'s "secret" scoring formula (ie: your credit score)
Green Card = signature card that is returned to sender (CMRRR)
ITS = Intent To Sue
JDB = Junk Debt Buyer
MOV = Method of Verification (same as a PR)
OC = Original creditor
PG = Privacy Guard
PP = Permissible Purpose
PR = Procedural Request
SOL = Statute of limitations
TILA = Truth In Lending Act
TL = Tradeline (creditor entries on your reports)
TU = TransUnion
UCC = Uniform Commercial Code

[willingtocope]

BK7 = Chapter 7 Bankruptcy
BK13 = Chapter 13 Bankruptcy
IIB = Included in Bankruptcy
OP = Original Poster
WO = Write off (similar to charge off CO but usually means OC has sold debt to JDB)

[DocDon]

Originally posted by Anisah_H.


Glossary of Credit Abbreviations

30 DAY DEL -- Account past due 30 days

30 2 TIMES -- Account past due 30 days 2 times

30 6+TIMES -- Account past due 30 days 6 times or more

30 WAS 60 -- Account was delinquent 60 days, now 30 days

BAD DEBT -- Bad debt; placed for collection; written off to profit and loss

BK 7-FILE -- Voluntary or involuntary petition for Chapter 7 bankruptcy

BK 7-DISC -- Voluntary or involuntary petition in Chapter 7 bankruptcy discharged

BK 7-DISM -- Voluntary or involuntary petition in Chapter 7 bankruptcy dismissed

BK 11-FILE -- Voluntary or involuntary petition in Chapter 11 bankruptcy filed

BK 13-FILE -- Petition in Bankruptcy Chapter 13 filed

BK 13-COMP -- Petition in Bankruptcy Chapter 13 completed

BK ADJ PLN -- Debt included in or completed through Bankruptcy Chapter 13

BK DISC -- Bankruptcy discharged

BK LIQ REO -- Debt included in or discharged through Bankruptcy Chapter 7 or 11

CH 13 CASE -- Chapter 13 bankruptcy

CHARGE OFF -- Unpaid balance reported as a loss by credit grantor

CHATTEL MO -- Chattel mortgage

CIV JD SAT -- Civil judgment satisfied

CLOS INAC -- Closed inactive account

CLOS NP AA -- Credit line closed, not paying as agreed

COLL ACCT -- Account seriously past due; account assigned to attorney, collection agency or credit grantor's internal collection department

CO NOW PAY -- Now paying, was a charge-off

COUNSEL SER -- Debt counseling service

CO TAX LN -- County tax lien

CO TAX REL -- County tax lien released

CR CD LOST -- Credit card lost or stolen

CR LN CLOS -- Credit line closed, reason unknown or by consumer request; there may be a balance due

CR LN RNST -- Account now available for use and is in good standing. Was a closed account

CURR ACCT -- This is either an open or closed account in good standing

CUR WASCOL -- Current account was a collection account

CUR WAS DL -- Current account was past due

CUR WAS FOR -- Current account. Foreclosure was started.

CUR WAS 30 -- Current account was 30 days past due

CURWAS 30-2 -- Current account was 30 days past due twice

CURWAS 30-3 -- Current account was 30 days past due 3 times

CURWAS 30+6 -- Current account was 30 days past due 6 times or more

CUR WAS 180 -- Current account was 180 days or more delinquent

CV SUIT FI -- Civil suit filed

DECEASED -- Consumer deceased

DELINQ 60 -- Account delinquent 60 days

DELINQ 90 -- Account delinquent 90 days

DELINQ 180 -- Account delinquent 180 days

DEL WAS 90 -- Account was delinquent 90 days, now 30 or 60 days

DEL WAS 120 -- Account was delinquent 120 days, now 30, 60, or 90 days

DEFLT JDGMT -- Judgment by default

FED TAX LN -- Federal tax lien

FED TX REL -- Federal tax lien released

FIN COUNS -- Financial counselling

FIN DIVORCE -- Final divorce

FIN STMENT -- Financial statement

FORECLOSURE -- Credit grantor sold collateral to settle defaulted mortgage

FORE PROC -- Foreclosure proceeding started

GOV CLAIM -- Claim filed with government for insured portion of loan balance

INS CLAIM -- Claim filed for payment of insured portion of balance

JD DEFAULT -- Judgment by default

JUDJ RELEA -- Judgment released

JUDGMT SAT -- Judgment satisfied

JUDG VACAT -- Judgment vacated or reversed

MECH LIEN -- Mechanics lien

MECH RELE -- Mechanics lien released

NOT PD AA -- Account not being paid as agreed

NT RESPON -- Not responsible notice e.g., husband or wife claims not responsible for debts incurred by the spouse

OVER 30 -- Pays (or paid) in more than 30 days, but not more than 60 days,

1 PAST DUE -- Not more than 1 payment past due

OVER 90 -- Pays (or paid) in more than 90 days, but not more than

3 PAST DUE 120 days -- 3 or more payments past due

OVER 120 -- Pays (or paid) in 120 days or more

PD BY DLER -- Credit grantor paid by company who originally sold the goods

PD CHG OFF -- Paid account, was a charge-off

PD COLL AC -- Paid account, was a collection account, insurance claim or education claim

PD FORECLO -- Paid account. A foreclosure was started

PD NOT AA -- Paid account. Some payments were made past agreed due dates

PD REPO -- Paid account, was a repossession

PD WAS 30 -- Paid account, was past due 30 days

PD WAS 30-2 -- Paid account, was past due 30 days 2 or 3 times

PD WAS 30-4 -- Paid account, was past due 30 days 4 times

PD WAS 30+6 -- Paid account, was past due 30 days 6 times or more

PD WAS 180 -- Paid account, was delinquent 180 days or more

REMD REPO -- Account was a repossession, now redeemed

REPO -- Merchandise taken back by credit grantor; balance may be due

SCNL -- Credit grantor cannot locate consumer

SCNL NWLOC -- Credit grantor could not locate consumer, consumer now located

SETTLED -- Account legally paid in full for less than the full balance

SLOW PAY -- Not paying as agreed

STAT TX LN -- State tax lien

STA TX REL -- tate tax lien released

SUIT DISMD -- Suit dismissed or discontinued

TOO NEW RT -- Too new to rate

TRANSFERRED -- Account transferred to another office

VOLUN REPO -- Voluntary repossession

WAGE ASIGN -- Wage assignment

WAGE EARNR -- Making payments under Wage Earner Account Plan (Chapter 13 bankruptcy)

W/A RELEASE -- Wage assignment released

[LadynRed]

I'll just make one addition here because it's important:

DOFD - date of first delinquency - this date determines the start of the reporting period for negative entries on your reports.

[Heatherette]

What is ADUB? Thanks!

[credit_junkie87]

What is DH?

[miracle]

DH- Dear Husband

[lindsay135]

whats 341? Thanks

[LNY]

It's the final meeting of you/trustee/creditors in a bankruptcy.

[Lisa0825]

I am just posting here so I can use the word Acronym, because that is how I tried in vain to search for this list before. Hoepfully now if anyone searches for acronyms instead of abbreviations, this post will help them find it. 8]

THANKS SO MUCH for compiling the lists! I printed these out and left them by my computer for easy reference while I was leaning the ropes!

[sjcraw]

What does AG and BBB means.
Thanks in advance
Sjcraw

[EarthAngel]

What does AG and BBB means.
AG = Attorney General
BBB = Better Business Bureau

[stormywsmn]

What's FOAD?

[qtptute]

What's FOAD?

F__K off and die

[willingtocope]

PM = Private message (upper right under your username)
ARB = Arbitration

[someonesomewhere]

OPS or 1PS - One Party State (for the recording of telephone calls)
APS or 2PS - All Parties State (for the recording of telephone calls)
SWMBO - She Who Must Be Obeyed
GW - Goodwill

[tdhssbn]

anyone know what PFB stands for?

[someonesomewhere]

anyone know what PFB stands for?
There are 65 definitions in the Acronym Attic.
http://www.acronymattic.com/results.aspx?q=pfb

But I suspect the poster meant PFD, Pay For Delete.

[direred]

PFB = planetfeedback.com

[SecretAgentWoman]

Thought I'd make a more complete list and easier to search title.

3 in 1 ... Three-in-one CRs offered by credit monitoring services, does not include all info
AG ... Attorney General
APR ... Annual percentage rate
APS or 2PS ... All Parties State (for the recording of telephone calls)
AR ... Account Review
ARB ... Arbitration
AU ... Authorized user (on a CC)
B* ... "Bumping" hard pull inquires from TU with soft pulls from TC
BBB ... Better Business Bureau
Big 3 ... All 3 credit bureaus: Trans Union, Equifax, Experian
BK ... Bankruptcy
BK7 ... Chapter 7 Bankruptcy
BK13 ... Chapter 13 Bankruptcy
BT ... Balance Transfer
BUMP ... Used to move your topic back to the top of the list
Bumping ... See B* above
CA ... Collection Agency
CB ... Credit Bureau (also see CRA)
CC ... Credit Card
C&D ... Cease and Desist
CHOD ... Creditnet Holiday Onslaught of Disputes
CL ... Credit Limit
CLI ... Credit limit increase
CO ... Charge Off
CR ... Credit Report
CRA ... Credit Reporting Agency
CMRRR ... Certified Mail Return Receipt Requested
DJ ... Default Judgment
DTI ... Debt To Income ratio
DOFD ... Date of First Delinquency (not to be confused with DOLA)
DOLA ... Date of Last Activity
DV ... Debt Validation
eOscar ... Online verification system CRAs use with OCs, CAs & JDBs
EQ ... Equifax
EX ... Experian
F2F ... Face to face
FA ... Fraud Alert
FAKO ... Scores that aren't FICO, marketed by CRA's and 3rd parties
FCBA ... Fair Credit Billing Act
FCRA ... Fair Credit Reporting Act
FDCPA ... Fair Debt Collection Practice Act
FICO ... Fair Isaac & Co.'s "secret" scoring formula (ie: your "official" credit score)
FOAD ... F**k Off and Die - just a little humor similar to C&D
GC ... Green Card, signature card that is returned to sender (CMRRR)
GW ... Goodwill - usually a letter or email sent
HELOC ... Home Equity Line Of Credit
HP ... Hard pull, or hard inquiry on your CR (counts against score)
IIB ... Included in Bankruptsy
ITS ... Intent To Sue
JDB ... Junk Debt Buyer
MOV ... Method of Verification (same as a PR)
OC ... Original Creditor
OP ... Original poster (of thread)
OPS or 1PS ... One Party State (for the recording of telephone calls)
PG ... Privacy Guard
PIF ... Paid in Full
PFD ... Pay for Delete
PM ... Private message (on forums)
PP ... Permissible Purpose
PR ... Procedural Request
SC or SCC ... Small Claims court
SWMBO ... She Who Must Be Obeyed
SOL ... Statute of Limitations
SP ... Soft pull, or soft inquiry on your CR (doesn't count against score)
TC ... TrueCredit, the monitoring service offered by TU
TILA ... Truth In Lending Act
TL ... Tradeline (creditor entries on your reports)
TU ... TransUnion
UCC ... Uniform Commercial Code
WO ... Write Off (simular to CO, debt probably sold)

[SecretAgentWoman]

AA or AAC ... Asset Acceptance Corp.
AFNI ... Anderson Financial Network, Inc.
AI ... Allied Interstate, Inc.
AFS ... Arrow Financial Services
AmEx ... American Express
ARS ... Ameriquest Recovery Services
CA, CACV, CACH ... Collect America, CACV aka CACH, LLC
CMS ... Capital Management Services
CRS ... Capital Recovery Services Group
C1, Crap1 ... Capital One Bank/Westmorland Agency
CSI ... Credit Systems International
GF ... Genesis Financial Corp.
JC ... Jefferson Capital Systems
LVNV ... LVNV Funding, LLC
MCM, Mid ... Midland Credit Management, Inc.
NCO ... NCO Financial Systems
PC ... Palisades Collections, LLC
PR ... Portfolio Recovery Associates, LLC
RF ... Resurgence Financial, LLC
SFG ... Sherman Financial Group/Alegis (SDB)
TL or TLF ... TrueLogic Financial Corp.
WAM ...West Asset Management Inc.
WaMu ... Washington Mutual

[tdhssbn]

Anyone know what F/R stands for?