Better Credit…Better Options
Aaron Sales & Lease ow – Aaron Sales & Lease Ownership
What is Aaron Sales & Lease Ownership?
Aaron Sales & Lease Ownership or OW is a company providing furniture, electronics and other items to the general public through a lease-to-own program.
Aaron’s Credit on credit report
What is Aaron’s Credit on credit report?
Aaron’s Credit on credit report is the listing for any debt owed to Aaron’s Sales and Leasing.
What is an Accelerated Mortgage?
An Accelerated Mortgage is a term used to describe a mortgage loan with payments set up at intervals to reduce the principle balance faster than a normal amortization schedule.
Account Closed by Consumer
What is an account closed by consumer?
An Account Closed by Consumer is one that a consumer has paid in full and has contacted the company the account is held with to close it.
Account Closed by Credit Grantor
What is an account closed by credit grantor?
An Account Closed by Credit Grantor is an account that has been closed at the request of the grantor. Often, this happens when you get too far behind on your payments or stop paying altogether.
Accounts in Good Standing
What are accounts in good standing?
Accounts in Good Standing are any loans, credit cards or other types of financing in which all payments have been made on time to date.
What is an account history?
An Account History is the full payment history for any specified period of time on an account. This will include any past due payments.
Account in Dispute
What is an account in dispute?
An Account in Dispute is any account in which the grantor or the consumer is currently challenging the accuracy of the information reported to the credit agencies.
What is an account number?
An Account Number is a specific number assigned to any type of account including loans, credit cards and many other types of accounts.
Account Status Legend
What is an account status legend?
The Account Status Legend is a listing of the current status of any account on a credit report.
Account Transferred or Sold
What is an account transferred or sold?
The term Account Transferred or Sold is found on credit reports and means the specific account has either been transferred or sold to another company, usually a collector.
ACE Cash Express
What is ACE Cash Express?
ACE Cash Express is a company providing short-term, high interest loans, also known as cash advances and payday loans. They also provide bill payment and check cashing for consumers.
ACS/Dal Pwt on credit report
What does ACS/Dal Pwt on credit report mean?
ACS/Dal Pwt on credit report is the listing for the Dallas Power, Water and Transportation department. This shows up on a credit report when a power or water bill has been sent out for collection to the Accelerated Credit Solutions Company.
ACS/Eastwest BK on credit report
What does ACS/Eastwest BK on credit report mean?
ACS/Eastwest BK on credit report is the title that shows up when a default student loan has been send out for collection to the Accelerated Credit Solutions Company on the behalf of Eastwest Bank.
Addison Avenue Federal Credit Union on credit report
What is the Addison Avenue Federal Credit Union on credit report?
When the term Addison Avenue Federal Credit Union shows up on a credit report, it represents any type of debt owed to the Addison Avenue FCU.
Adjustable Rate Mortgages (ARM)
What are adjustable rate mortgages or ARMs?
Adjustable Rate Mortgages are a type of mortgage with an interest rate that start as a fixed rate, but after an agreed upon period, the interest rate can adjust.
Advance Fee Loan
What is an advance fee loan?
An Advance Fee Loan is any loans calculated so that any finance chargers are taken out before the consumer received the principal amount.
AES on credit report
What is AES on credit report?
AES on credit report stands for American Education Services and represents different types of student loans.
What is an Affinity Card?
An Affinity Card is a type of credit card issued with both the bank and a charitable organization’s logo on the card. When the card is used, the charity received a percentage of the transaction as a donation.
Alaska USA Federal Credit Union on credit report
What is the Alaska USA Federal Credit Union on credit report?
When Alaska USA Federal Credit Union shows up on a credit report, it represents any type of debt owed to the Alaska USA FCU.
What is an Alias?
An Alias is used to indicate that a named person is also known as another name. It also means a false or assumed identity.
Alliant Credit Union on credit report
What is the Alliant Credit Union on credit report?
When Alliant Credit Union shows up on a credit report, it stands for any debt owed to the Alliant Credit Union. Debts can range from credit cards to mortgage loans.
Ally Bank on credit report
What is the Ally Bank on credit report?
When the term Ally Bank shows up on a credit report, it represents any debt owed to Ally Bank.
Ally Bank/ResCap (GMAC) Mortgage
What is an Ally Bank/ResCap (GMAC) Mortgage?
Ally Bank/ResCap (GMAC) Mortgage stands for the merger between Ally Bank and GMAC Mortgage. ResCap stands for Residential Capital, LLC, which is a subsidiary of GMAC Mortgage. Both companies are a part of Ally Bank now.
What is an Alternative Mortgage?
The term alternative mortgage includes any home loan not financed with a standard fixed-rate mortgage.
America First Federal Credit Union on credit report
What is the America First Federal Credit Union on credit report?
When America First Federal Credit Union shows up on a credit report, it represents a debt owed to the America First FCU in Alabama.
American Airlines Federal Credit Union on credit report
What is the American Airlines Federal Credit Union on credit report?
When American Airlines Federal Credit Union shows up on a credit report, it stands for any debt owed to AACU.
American Express on credit report
What is American Express on credit report?
When American Express shows up on a credit report, it represents any account with the American Express credit card company.
American General on credit report
What is American General on credit report?
When American General shows up on a credit report, it represents a debt owed to the American General Finance company.
American Home Mortgage Services – Amrcn hm mtg
What is the American Home Mortgage Services?
The American Home Mortgage Services or Amrcn hm mtg is a company dealing in home retention and property loss. They have changed their name to Homeward residential.
What is Americollect?
Americollect is a collection agency and often shows up on credit reports when they are responsible for the collection of a past due debt.
What is Amortization?
Amortization is the paying off of a debt in regular installments or the deduction of a capital expense over a period of time.
Amortized Interest Rates
What are Amortized Interest Rates?
The Amortized Interest Rates are the interest rates adjusted after each payment is made. Usually these are shown on the amortization schedule.
Annual Credit Report
What is an Annual Credit Report?
Under the Fair Credit Reporting Act, all three of the major credit agencies are required to provide every consumer in the United States with a free annual credit report.
What is an Annual Fee?
An annual fee is an amount of money that must be paid on a yearly basis for a service, usually associated with credit cards.
Annual Percentage Rate (APR)
What is an Annual Percentage Rate (APR)?
The term Annual Percentage Rate or APR described the interest rate on a loan or other type of financing for an entire year period.
What is annualcreditreport.com?
The site annualcreditreport.com, is operated jointly with the three major credit reporting agencies to provide consumers with a free credit report annually.
Apex Community Federal Credit Union (FCU)
What is the Apex Community Federal Credit Union (FCU)?
The Apex Community Federal Credit Union or FCU is a member owned credit union providing financial safety for members with a main office located in Stowe, PA.
Application Research I – Application Research Inc.
What is the Application Research Inc?
Application Research Inc. is a company in the design industry with a location in Los Angeles, California.
What is an Application Fee?
The Application Fee is a fee charged by a lender to consider an application. Usually this fee must be paid up front.
What is an Appraisal Fee?
The Appraisal Fee is a fee charged for a full appraisal done before a mortgage loan is approved. This can be paid by the borrower or the lender.
What is the Appraised Value?
The Appraised Value is the assessed value of real property in the opinion of a qualified appraiser.
Arizona Federal Credit Union on credit report
What is the Arizona Federal Credit Union on credit report?
Arizona Federal Credit Union when listed on a credit report represents any debt owed to the Arizona FCU.
What is Arronrnts?
The term Arronrnts stands for a company called Aaron Rents, which is a manufacturer and leasing company for office and residential furniture.
Arrow Financial – Arrow Fincl on credit report
What is Arrow Financial or Arrow Fincl on credit report?
Arrow Financial is a company dealing in commercial banking, trusts, credit cards and mortgage loans. When they report to a credit agency, it often shows up as Arrow Fincl.
What is an asset?
An asset is property owned by an individual or a company. The property must be regarded to have value and the ability to meet debts and commitments.
Asset Accept – Asset Acceptance on credit report
What is Asset Acceptance on credit report?
Asset Acceptance on a credit report is a collection agency working to collect a default debt.
Associated Bank on credit report
What is Associated Bank on credit report?
When Associated Bank is listed on a credit report, it represents any debt owed to this specific bank, whether past due or in good standing.
AT&T Services Inc. on credit report
What is AT&T Services Inc. on credit report?
When AT&T Services Inc. is listed on a credit report it represents a debt, usually past due, owed for a service provided by the company.
What is an Authorized User?
An Authorized User can be anybody given permission to use a credit card or inquire about a mortgage loan. This person can use the credit card, but it not liable for repaying the debt.
Automated Clearing House (ACH)
What is the Automated Clearing House (ACH)?
The Automated Clearing House or ACH is an electronic network for credit and debit transaction in the United States. They handle direct deposit payroll, consumer payments and other bill payments.
Average Credit Score
What is an Average Credit Score?
An Average Credit Score is usually based on the average across all three of the major credit reporting agencies, Equifax, Transunion and Experian.
Average Daily Balance
What is the Average Daily Balance?
The Average Daily Balance is a way of calculating finance charges. It’s calculated on a daily basis by adding the outstanding balance and dividing by the number of days in the billing period.