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Daily Periodic Rate
What is Daily Periodic Rate?
The Daily Periodic Rate is the APR or annual percentage rate expressed as a daily rate. It’s figured by dividing the APR by 365 and rounding to the fifth decimal place.
What is the Date Filed?
The Date Filed is the date a document is submitted to or filed with the clerk.
Date of Status
What is the Date of Status?
The Date of Status is the last date a creditor reported information to the credit reporting agency.
What is the Date Opened?
The Date Opened is found on a credit report and is the date an account was originally opened.
What is the Date Resolved?
The Date Resolved is the completion or satisfaction date of a public record item.
What is Debt?
Debt is money owed or due to a creditor.
What is Debt Consolidation?
Debt Consolidation is the process of combining multiple debts into one monthly payment, usually done through a debt consolidation loan or program.
What is Debt Elimination?
Debt Elimination is the process of paying off or eliminating debts through settlements with creditors.
What is Debt Forgiveness?
Debt Forgiveness happens when a creditor forgives a portion or all of the debt owed.
Debt Included in or discharged through Bankruptcy Chapter 7, 11 or 12
What is Debt Included in or discharged through Bankruptcy Chapter 7, 11 or 12?
The term Debt Included in or discharged through Bankruptcy Chapter 7, 11, or 12, represents any debts included in the bankruptcy. When the bankruptcy is completed, these debts are discharged.
What is Debt Negotiation?
Debt Negotiation is the process of negotiating a settlement on a specific debt, which is less than the full amount owed.
What is Debt Ratio?
Debt Ratio represents the percentage of a company’s assets provided by debt.
What is Debt Settlement?
Debt Settlement is an agreement made between the creditor and the debtor allowing the debtor to pay less than the amount owed, but settle the debt as paid in full.
Debt Settlement Company
What is a Debt Settlement Company?
A Debt Settlement Company offers professional services to consumers and businesses needing to settle their debts for less than the full amount owed.
Debt to Available Credit Ratio
What is Debt to Available Credit Ratio?
The Debt to Available Credit Ratio is used to assess risk and is figured by looking at the amount of outstanding debt compared to the amount of available credit.
Debt to Income Ratio
What is Debt to Income Ratio?
The Debt to Income Ratio is used to assess the ability of a consumer to pay a loan back and is figured by looking at the gross or net income of the individual compared to the monthly payments of all current debts.
Decrease Your Credit Score
What can Decrease Your Credit Score?
The term Decrease Your Credit Score refers to anything that could cause your credit score to drop, such as too many inquiries or late payments on current debts.
What is a Default Judgment?
A Default Judgment happens when the defendant fails to appear in court and a judgment is entered in favor of the plaintiff.
What is a Deferred Payment?
A Deferred Payment happens when a creditor allows a debtor to pay for something later than originally agreed upon.
What are Delinquent Accounts?
Delinquent Accounts are any debts owed in which a debtor has fallen behind on the payments by at least 30 days.
Delta Community Credit Union on credit report
What does Delta Community Credit Union on a credit report mean?
When a consumer finds Delta Community Credit Union on a credit report, it represents a debt owed to the Delta Community Credit Union.
Demand Draft Checks
What are Demand Draft Checks?
Demand Draft Checks are a type of check created electronically online by entering the routing and account numbers. This type of check can be cashed without a signature.
What is Denied Credit?
Denied Credit is a term used when a lender or bank turns down a borrower for any type of credit including loans, credit cards and mortgages.
Desert Schools Federal Credit Union on credit report
What does Desert Schools Federal Credit Union on a credit report mean?
When a consumer finds Desert Schools Federal Credit Union on a credit report, it stands for any money owed to the Desert Schools Federal Credit Union.
Desktop Underwriter (DU)
What is a Desktop Underwriter?
Desktop Underwriter or DU is a system that evaluated loan applications to help in determining the risk of a borrower. It’s supported by Fannie Mae.
DFCU Financial Federal Credit Union on credit report
What does DFCU Financial Federal Credit Union on a credit report mean?
When a consumer finds DFCU Financial Federal Credit Union on a credit report, it means they owe a debt of some kind to the DFCU Financial Federal Credit Union.
Digital Federal Credit Union on credit report
What does Digital Federal Credit Union on a credit report mean?
When a consumer finds Digital Federal Credit Union listed on their credit report, it means they have an account or owe money to the Digital Federal Credit Union.
DirecTV on credit report
What does DirecTV on a credit report mean?
When DirecTV is found on a credit report, it most often represents an unpaid bill to the DirecTV Company.
What is a Discharge?
The term Discharge is used during bankruptcy and means the creditors have received as much money as they will get and can no longer pursue the matter.
Discharged Bankruptcy on credit report
What does Discharged Bankruptcy on a credit report mean?
Finding a Discharged Bankruptcy on your credit report means, you’ve filed bankruptcy and it has been discharged.
What is Disclosure?
Disclosure is the releasing of company information regarding the business activities without any regard to how the information may influence investors.
What is a Discount?
A Discount is the difference between gross parity and a given convertible price.
Discover Bank on credit report
What does Discover Bank on a credit report mean?
If a consumer finds Discover Bank on a credit report, it means they have an open or closed Discover credit card account.
What does Dismissed means?
Dismissed refers to a bankruptcy the judge has ruled against and the debts remain outstanding.
Dismissed Bankruptcy on credit report
What does Dismissed Bankruptcy on a credit report mean?
When a consumer finds Dismissed Bankruptcy on a credit report, it represents a bankruptcy they filed for in the past, which was dismissed by the judge.
What is a Dispute?
A Dispute happens when a consumer questions the accuracy of information reported to the credit agencies.
What are Dispute Codes?
The Dispute Codes are the laws and statutes governing how a consumer and creditor must handle a disputed item on a credit report.
What are Disputes?
Disputes happen when a consumer files multiple disputes claiming inaccuracies in the information reported on their credit report.
Ditech on credit report
What does Ditech on a credit report mean?
If Ditech is found on a credit report, it represents any debt owed to Ditech, which is a division of GMAC Mortgage.
What is a Divorce Decree?
A Divorce Decree is a court order showing the terms of a granted divorce including child support, alimony and the separation of assets. It may also define any responsibilities for shared debts and accounts.
Dona Ana Collection SV – Dona Ana Collection Inc.
What is Dona Ana Collection SV or Dona Ana Collection Inc.?
Dona Ana Collection SV or Dona Ana Collection Inc. is a private company classified as an adjustment and collection service. This company was established in 1996.
What is a Down Payment?
A Down Payment is the initial amount paid by the buyer/borrower towards a vehicle, home or other item requiring financing to cover the rest of the purchase.
Down Payment Assistance
What is Down Payment Assistance?
Down Payment Assistance represents funds provided by a third party or the issuer to offset a portion of the required down payment.