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Summary Information
The Summary Information section contains a list of your payment history, organized by account type. The five types of accounts are:
1 . Real Estate: Primary and secondary mortgages on your home.
2 . Revolving: Accounts comprised of opened terms with varying
payments, such as a credit card account.
3 . Installment: Accounts comprised of fixed terms with regular payments, such as a car loan.
4 . Other: Accounts in which the exact category is unknown. This could include 30-day accounts, such as an American Express® account.
5 . Collection: Accounts seriously past due including accounts assigned to an attorney, a collection agency, or a credit grantor's internal collection department.
This Summary section also includes the following information for each of the five types of accounts just discussed:
1 . Count: The total number of accounts you have in the given category.
2 . Balance: The total amount you owe on all accounts in the category.
3. Payment: Total monthly payments you must make on all accounts in the category.
4 . Current: Number of accounts in the category that are properly paid.
5 . Delinquent: Number of accounts in the category for which payments are past due.
6 . Derogatory: Number of accounts in the category that negatively impact your credit rating.
Sample Credit Report
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