A.2.9 Retail Trades / Inquiries
Applicant Credit Bureau 12month Retail Trades
This is the number of retail trades that have been opened in the last 12 months. Note that these trades may now be open or closed, paid as agreed, delinquent, or derogatory, and so on.
Applicant Credit Bureau 24month Retail Trades
This is the number of retail trades that have been opened in the last 24 months. Note that these trades may now be open or closed, paid as agreed, delinquent, or derogatory, and so on.
Applicant Credit Bureau 6month Retail Trades
This is the number of retail trades that have been opened in the last 6 months. Note that these trades may now be open or closed, paid as agreed, delinquent, or derogatory, and so on.
Applicant Credit Bureau Current Retail Trades
Total number of retail trades that are paid on time right now. These trades may or may not have been delinquent in the past.
Applicant Credit Bureau Open Retail Trades
This is the number of open retail trades on the account. Note that these trades may be paid as agreed, delinquent, derogatory, and so on. The parameter makes no distinction.
Applicant Credit Bureau Retail Inquiries
This is the number of retail inquires listed on the credit report. The bureaus have their own limits as to how long they keep an inquiry on the credit report, but this parameter will show whatever total is shown for that bureau.
Applicant Credit Bureau Retail Trades
This is the number of retail trades, both open and closed. Note that these trades may be paid as agreed, delinquent, derogatory, and so on. The parameter makes no distinction.
Applicant Credit Bureau Satisfactory Retail
Total number of retail trades paid as agreed (no delinquencies) for the entire life of the trade. This could be a few months or several years- the parameter makes no distinction.
Applicant Credit Bureau Worst Retail Trade
The rating code used for this parameter is the same rating code system displayed for the tradelines. The different bureaus use different systems so Oracle Financial Services Lending and Leasing changes them to a common format that is used in the scoring:
1 = current
2 = 30-59 days late
3 = 60-89 days late
4 = 90-119 days late
5 = 120-149 days late
6 = 150- days late
7 = involved in a bankruptcy
8 = repossession, foreclosure
9 = charge-off
Parent topic: Scoring Parameters by Category