|
Last Reported
|
On
the credit report, the date the creditor last reported
information about the account. |
|
Liability amount
|
Amount for which
you are legally obligated to a creditor. |
|
Lien
|
Legal document
used to create a security interest in another's property. A
lien is often given as a security for the payment of a debt. A
lien can be placed against a consumer for failure to pay the
city, county, state or federal government money that is owed.
It means that the consumer's property is being used as
collateral during repayment of the money that is owed. |
|
Line of Credit
|
In open-end
credit, the maximum amount a borrower can draw upon or the
maximum which an account can show as outstanding. |
|
Location number
|
The book and page
number on which the item is filed in the court records. |