Continue to enter your reason codes, one at a time, in the search field in order to generate a list of printable explanations below.
P77: Newest delinquent/derogatory status on installment accts not too recent
An installment account is one with a fixed monthly payment for the life of the loan. Auto loans and student loans are common examples of installment loans. You have an installment account that had a late payment or on which a lender has reported a derogatory status. However, your credit file shows that this event did not occur too recently, having some positive impact on your score.
What you can do:
Keep paying bills on time every month since it is important to maintaining a good credit score. If you remain behind with any payments, bring them current as soon as possible, and then make future payments on time.
A HIGHER LEVEL OF CONFIDENCE
Count on the company behind ReasonCode.org for more accurate and consistent credit scores, too.