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Tenant Credit Decision Report Codes & Explanation

How To Read A RentPrep Credit Decision Report
Below is a sample credit check. If you order a credit check, you get to pick a ... more
Credit Check Code 000
No adverse factor. This code indicates that no information appearing on the cre... more
Credit Check Code 001
001 code means that the amount owed on accounts is too high. more
Credit Check Code 002
Level of delinquency on accounts. The level is determined by the length of time ... more
Credit Check Code 003
Proportion of loan balances to loan amounts is too high. The loans are maxed out... more
Credit Check Code 004
Lack of recent installment loan information. The lack of recent information is c... more
Credit Check Code 005
Too many accounts with balances. Viewed by the credit bureaus as having a high d... more
Credit Check Code 006
Too many consumer finance company accounts. This is viewed as a high debt to inco... more
Credit Check Code 007
Account payment history is too new to rate. more
Credit Check Code 008
Too many inquiries last 12 months. This is typically triggered if the inquiries ... more
Credit Check Code 009
Too many accounts recently opened. more
Credit Check Code 010
A proportion of balances to credit limits is too high on bank revolving or other... more
Credit Code Check 011
.Amount owed on revolving account is too high. The high balance is causing a neg... more
Credit Check Code 012
Length of time revolving accounts have been established. Since the accounts are ... more
Credit Check Code 013
Time since delinquency is too recent or unknown. Not enough time has passed yet ... more
Credit Check Code 014
Length of time accounts have been established. This typically means there has no... more
Credit Check Code 015
Lack of recent bank revolving information. Not enough recent activity to generat... more
Credit Check Code 016
Lack of recent revolving account information. The lack of information is having ... more
Credit Check Code 017
No recent non-mortgage balance information. more
Credit Check Code 018
Number of accounts with delinquency. This typically means there is a high number... more
Credit Check Code 019
Date of last inquiry too recent. more
Credit Check Code 020
Length of time since derogatory public record or collection is too short. This c... more
Credit Check Code 021
Amount past due on accounts. The status of the accounts is impacting the score n... more
Credit Check Code 022
Serious delinquency. Typically an account that has exceeded the 90 days past due... more
Credit Check Code 024
No recent revolving balances. The lack of information on revolving balances is c... more
Credit Check Code 026
.Number of bank revolving or other revolving accounts. Too many revolving accoun... more
Credit Check Code 027
Too few accounts currently paid as agreed. This means not enough positive activi... more
Credit Check Code 028
This has to do with the number of established accounts. A lack of established ac... more
Credit Check Code 029
No recent bankcard balances. The lack of balances could be impacting the score n... more
Credit Check Code 030
Time since most recent account opening is too short. There has not been enough i... more
Credit Check Code 031
The amount owed on delinquent accounts. Balances are impacting the credit score ... more
Credit Check Code 036
Payments due on accounts. To impact the credit score negatively, the payments ar... more
Credit Check Code 038
Serious delinquency, and public record or collection filed. This code is typical... more
Credit Check Code 039
Serious delinquency. This is typically triggered when an account reaches 90 days... more
Credit Check Code 040
Derogatory public record or collection filed. The filing can be within the past 7... more
Credit Check Code 041
No recent retail balances more
Credit Check Code 042
Length of time since most recent consumer finance company account was established... more
Credit Check Code 050
Lack of recent retail account information more
Credit Check Code 056
Amount owed on retail accounts more
Credit Check Code 097
Lack of recent auto loan information more