what is an r5 in reference to settling credit card debt?

by Alegrya
Question by Erin: what is an r5 in reference to settling credit card debt?



Best answer:
Answer by stan cIf you're referring to a retail credit card, it means the account is 150 days past due. After 180 it should be charged off and will stay on your credit report for 7 years.

Know better? Leave your own answer in the

Read more ...