Loan Type Abbreviations
- MN-Open/Monthly Account: An account to be paid in full each billing
- IN- Installment Account: An account with a fixed number of specified payments. Mortgages or car loan for example.
- RV- Revolving Account: An account with regular monthly payments on the balance due. Such as credit reports.
- UN- Unknown account: An account with an unknown loan type.
- OT- Other companies account being collected. Usually indicates a collection agency.