What Do the Ratings on the Payment History Mean?

Modified on Fri, 18 Jun, 2021 at 1:36 PM

The credit history allows you to see your applicant’s payment history, and therefore any late payments they may have made.
These delays are coded as follows:
1: No delay
2: 30 days overdue
3: 60 days overdue
4: 90 days overdue
5: 120 days overdue
7: Payment Program
8: Repossession
9: Recovery.

Sometimes you may see a series of “9”’s in the payment history. This means that your applicant has been written off for non-payment of the account in question.

Habitudes de paiement

Here is an example of a payment history. The candidate being screened is overdue on all his accounts.

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