Loan type

This entry is normally combined with the final column that follows. This column identifies the type of credit account listed in each row entry, by use of a letter tag:

  • O. Open account.
  • R. Revolving or option accounts, such as some of the major bank cards.
  • I. Installment accounts, such as installment loans or credit cards with department stores.
  • M. Mortgage accounts.
  • C. Checking account credit, such as a line of credit.

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