650 Rating Remarks Code

Code identifying the remarks related to a particular rating

Type
Identifier (ID)
Length
Min 2 / Max 2
Codes
CodeDescription
01Charge Off
02Collection Account
03Foreclosure
04Involuntary Repossession
05Repossession
06Voluntary Repossession
08Government Claim
09Paid Account
10Paid Charge-off
11Paid Collection
12Paid Dealer
13Paid Foreclosure
14Paid Not as Agreed
15Paid Repossession
16Paid Satisfactory
17Redeemed Repossession
18Revolving Account - Current
19Satisfactory
20Satisfactory Revolving Account - Current
21Too New to Rate
22Unpaid Collection
23Voluntary Repossession
24Closed Not Paid
25Insurance Claim
33As Agreed
35No Status
36Not Paid as Agreed
37Past Due
38Settled
39Unpaid
40Card Lost
41Account in Dispute
42Bad Debt
43Bill of Exchange
Order drawn by creditor on the debtor for payment of funds to a third party to settle a pre-existing debt of the creditor
44Cash per Owner's Option
45Credit Refused
46Draft
Order drawn by creditor on the debtor for payment of funds to the creditor or a third party
47Endorser
Note where payment is backed by company which endorses the note
48First Sale
49Insufficient Funds
50Legal Action
51Letter of Credit
Letter from a bank to its corresponding bank stating entity name in document can draw on the credit of the issuing bank for amount stated
52Maturity Varies
53Overdraft
54Personal Guarantee
Note where payment is backed by personal guarantee of an individual or company
55Pro Forma
56Renegotiated Draft
Draft which was renegotiated (see draft) as to time and/or amount
57Reopening Draft
Draft which was reopened (see draft) after closing date due to nonpayment of draft amount
58Real Estate Tax
Experience relating payment of real estate tax
59Secured Account
60Suit Filed
61Took Deduction
62Took Excess Discount
63Unauthorized Deduction
64Unsatisfactory

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