WindWaterWinter
Member
- Joined
- Jan 11, 2012
- Messages
- 198
- Reaction score
- 1
Hi all,
I got 2 CBS reports of the same person.
I am wondering how to interpret the section of "Default Records".
The details are:
(1) Product: Credit Card
(2) Client: Name of Bank
(3) Date Loaded --> Is this the date at which the money was due for the credit card?
(4) Original Amount At Load Date --> Is this the amount of money that was due initially?
(5) Balance --> Is this the amount of money the person owed the bank now?
(6) Status: Outstanding
(7) Status Date: 01/08/2018
The (5) Balance amount increased from the report that I got 3 months ago, to the report I got this month by around $3k.
My main concern is that this amount is something that needs to be paid off, but is currently growing at an alarming rate.
Does anyone know how to interpret this?
TIA!
I got 2 CBS reports of the same person.
I am wondering how to interpret the section of "Default Records".
The details are:
(1) Product: Credit Card
(2) Client: Name of Bank
(3) Date Loaded --> Is this the date at which the money was due for the credit card?
(4) Original Amount At Load Date --> Is this the amount of money that was due initially?
(5) Balance --> Is this the amount of money the person owed the bank now?
(6) Status: Outstanding
(7) Status Date: 01/08/2018
The (5) Balance amount increased from the report that I got 3 months ago, to the report I got this month by around $3k.
My main concern is that this amount is something that needs to be paid off, but is currently growing at an alarming rate.
Does anyone know how to interpret this?
TIA!
