Glossary-t 2017-10-17T17:07:18+00:00

Glossary T

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Target National Bank on credit report

What does Target National Bank on a credit report mean?
When a consumer finds Target National Bank on credit report on a credit report, it represents a credit cardthrough Target, Mervyns or Marshall Field’s retail stores.

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Tax Lien

What is a Tax Lien?
A Tax Lien is any lien placed against the property of a taxpayer who has defaulted on taxes owed on the federal, state, or local levels.

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Terms

What are Terms?
Terms are the details of an agreement made for a loan or another type of financing.

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TD Bank on credit report

What does TD Bank on a credit report mean?
When a consumer finds TD Bank on a credit report, it represents any past or present debt owed to the TD Bank.

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TD Bank USA, National Association on credit report

What does TD Bank USA, National Association on a credit report mean?
If TD Bank USA, National Association shows up on a credit report, it represents a debt owed to or an account with TD Bank USA, National Association.

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Teachers Credit Union on credit report

What does Teachers Credit Union on a credit report mean?
Finding Teachers Credit Union on a credit report represents an account held with Teachers Credit Union currently or in the past.

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Teletrack

What is Teletrack?
Teletrack is a credit reporting system used to track subprime borrowers with no official credit.

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Texas Lending

What is Texas Lending?
Texas Lending is a mortgage company based in the state of Texas. They provide home purchase, refinance, equity and other types of loans to consumers.

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The Bank of New York Mellon on credit report

What does The Bank of New York Mellon on a credit report mean?
Finding The Bank of New York Mellon on a credit report or BNY Mellon, represents a debt owed by the individual or an account held by the individual with The Bank of New York Mellon.

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The Golden 1 Credit Union on credit report

What does The Golden 1 Credit Union on a credit report mean?
The Golden 1 Credit Union on a credit report stands for any account held currently or in the past with this credit union by the individual.

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The Huntington National Bank on credit report

What does The Huntington National Bank on a credit report mean?
When The Huntington National Bank shows up on a credit report, it represents any loan or account the individual has or had with the company.

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The Rural Housing Service (RHS)

What is The Rural Housing Service or RHS?
The Rural Housing Service or the RHS is an administrative division of the US Department of Agriculture with responsibly in dealing with rural housing. This service provides programs, such as the subsidized home loan program, to low income people wanting to purchase, rehabilitate or construct a rural home.

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Third-Party Collectors

What are Third-Party Collectors?
Third-Party Collectors are second parties contracted to collect a debt owed to a creditor.

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Three Family Loan Limit

What is a Three Family Loan Limit?
The Three Family Loan Limit is a limit set by a lender in reference to the amount of money or the LTV of a mortgage loan associated with a three-unit property.

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Tinker Federal Credit Union on credit report

What does Tinker Federal Credit Union on a credit report mean?
Tinker Federal Credit Union showing up on a credit report represents an account or debt owed to this company by the individual.

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Title Policy

What is a Title Policy?
A Title Policy is an insurance policy used to protect someone from a defective title.

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Top Credit Repair Companies

What are Top Credit Repair Companies?
The term “Top Credit Repair Companies” refers to the top companies in the credit repair industry. When consumers are searching for a credit repair company it is common for them to search for the best credit repair companies to evaluate which direction they would like to go. CRE Credit Services is far and away the best credit repair company in the nation.

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Total Accounts

What are Total Accounts?
The term “Total Accounts” is used on a credit report and is the sum of all the accounts including mortgages, loans, charge cards, service accounts, credit cards and any other accounts listed on the report.

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Toyota Motor Credit on credit report

What does Toyota Motor Credit on a credit report mean?
Finding Toyota Motor Credit on a credit report represents an account associated with a vehicle purchased with financing through Toyota Motor Credit.

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Tradeline

What is a Tradeline?
A Tradeline is the term used for an account listed on a credit report.

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Transaction Fees

What are Transaction Fees?
Transaction Fees are fees charged for each individual transaction, usually associated with pre-paid or secured credit cards.

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TRANS-ALERT Messages

What are TRANS-ALERT Messages?
TRANS-ALERT Messages are messages sent out by the credit reporting agency Transunion alerting the consumer to things, such as inquiries, errors and other issues with a credit report.

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Transunion

What is Transunion?
Transunion is a credit reporting agency in the United States. They are known as one of the three top bureaus and they also operate TrueCredit and FreeCreditProfile.

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TransUnion Empirica Scoring Codes

What are TransUnion Empirica Scoring Codes?
TransUnion Empirica Scoring Codes are codes used on a TransUnion credit report representing different items, such as accounts and business classifications. The scoring codes will ultimately help to determine the TransUnion Empirica credit score.

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TransUnion Hawk Messages

What are TransUnion Hawk Messages?
TransUnion Hawk Messages are alerts used for six different categories including specific warnings, information, fraud checks, cross-referencing, indication when the Hawk system is unavailable and when no Hawk match is found.

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TransUnion Pinnacle Scoring Model- TransUnion Pinnacle Score

What is the TransUnion Pinnacle Scoring Model or TransUnion Pinnacle Score?
The TransUnion Pinnacle Scoring Model or TransUnion Pinnacle Score is the credit score or scoring model used by TransUnion.

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Treasury Bill (T-Bill)

What is a Treasury Bill or T-Bill?
A Treasury Bill or T-Bill is a short-dated security issued by the US government, which yields no interest. However, it’s issued at a discount on the redemption price.

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Tri-Merge Credit Report

What is a Tri-Merge Credit Report?
A Tri-Merge Credit Report is a credit report containing information from all three major credit reporting agencies,Experian, Equifax, and TransUnion.

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Truliant Federal Credit Union on credit report

What does Truliant Federal Credit Union on a credit report mean?
When a consumer finds Truliant Federal Credit Union on a credit report, it means they hold an account or held an account with Truliant Federal Credit Union.

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Truth in Lending Act

What is the Truth in Lending Act?
The Truth in Lending Act is a law requiring annual interest rates to be disclosed publically on loans.

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TRW

What is TRW?
TRW used to be a credit reporting agency, but now they are a part of Experian.

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TRW Credit Report

What is a TRW Credit Report?
A TRW Credit Report is an old report from TRW before they became a part of Experian

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Two Family Loan Limit

What is a Two Family Loan Limit?
A Two Family Loan Limit is a limit of the amount loaned or an LTV limit placed on two-unit residences by a lender.

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