Payment Pattern Descriptions
Key to payment pattern definitions:
| PAYMENT PATTERN CODE | DESCRIPTION |
|---|
| UR | Unrated/Rate Not Available |
| 0 | Too new to rate; Approved but not used |
| E | Zero balance and current account |
| 1 | Pays account as agreed |
| 2 | 30–59 days past the due date |
| 3 | 60–89 days past the due date |
| 4 | 90–119 days past the due date |
| 5 | 120 days or more past the due date |
| 6 | Collection account |
| 7A | Included in Chapter 13 |
| 7B | Paying or paid under Wage Earner Plan or similar arrangement |
| 8 | Repossession |
| 8A | Voluntary repossession |
| 8P | Paying or paid account with MOP 08 (Repossession) |
| 9 | Charge-off / Charged off to bad debt |
| 9P | Paying or paid account with MOP 09 (Chargeoff) or 06 (Collection) |
| B | Account Condition Change, Pay code not applicable |
| C | Current |
| F | Foreclosure |
| FP | Foreclosure Proceedings Started, Deed In Lieu |
| M | Insurance Claim, Term Default, Government Claim, Paid by Dealer, BK Chapter 7, 11 or 12 Petitioned, or Discharged and BK Chapter 7, 11 or 12 Reaffirmation of Debt Rescinded
|
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