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Credit report

What doe "V" mean on a credit report?

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    One posibility is.
    V:

    Voluntary Termination, In case of a mortgage the status should be R - Repossession. In other cases where assets have been surrendered then the balance should be set to zero and the status S when no further liability exists, and to whatever is outstanding and an appropriate Status code where further payments are due.-
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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