The AMERICAN EXPRESS INTERNAL TRANSACTION Statement The AMERICAN EXPRESS INTERNAL TRANSACTION line item in your AMEX statement is a temporary entry while the details of the merchant are being settled and acknowledged. It has the same effects as the common charge DR ADJ REDIST CADV PRIN that also appears in American Express cards only. Sometimes … Read more

DR ADJ REDIST CADV PRIN AMEX Charge DR ADJ REDIST CADV PRIN is a line item from AMEX that represents a temporary charge against the cardholder. It is an internal adjustment that is later settled with an opposite entry, ADJ REDIST PURCHASE BAL and it is not a scam. It is indeed an internal entry … Read more

DDA Closure Payment History Meaning DDA CLOSURE PAYMENT HISTORY is a statement issued by a banking report when rejecting the application for the opening of a bank account. This is when a demand deposit account is closed by the financial institution. This demand deposit account is usually a checking account. The reason is usually that … Read more

CENTCREDSERV Entry In The Credit Report The statement CENTCREDSERV in your credit reports belongs to the collection agency CENT Credit Services which handles collections and account receivables. They act like Integrity Solution Services, ERC, and Pinnacle and they mostly report through TransUnion. The company offers third-party debt collection services for credit cards, consumer loans, bad … Read more

Low Level Of Authentication Indicative Of ID Fraud Statement LOW LEVEL OF AUTHENTICATION INDICATIVE OF ID FRAUD is a message from Comenity when rejecting an application for a credit card for one of their retail business partners. You perform an application for a credit card and you receive a rejection letter from the issuer with … Read more

Capital One Ref No 10016.8040 In messages posted in our articles about Capital One, readers asked about the message “this account is currently restricted. (ref. no. 10016.8040)” So we addressed the issuer and it was informed that 8040 is the code for customer account management. The reference 10016.8040 is a restriction on new credit card … Read more

PYMTMONYHOLD On Credit Card And Accounts The line item PYMTMONYHOLD on credit card reports and accounts is a payment hold for system issues or alert flags positioned on some cardholders and is not a scam or a fraud. The merchant places a hold onto your card to ensure that you will have enough available funds … Read more

Offer 04 Moved To Standard Purch In the comments section, we have some readers that questioned the line item OFFER 04 MOVED TO STANDARD PURCH in their credit reports. Line item OFFER 04 MOVED TO STANDARD PURCH means that an offer of a 0% balance transfer granted to a cardholder is now expired and the … Read more

Disp Invg Comp-Rpt By Grntr Tradeline There is a statement in Transunion credit reports that shows the following tradeline: DISP INVG COMP-RPT BY GRNTR which causes some concern in consumers. It means “Dispute Investigation Complete – Report by Grantor”. This statement has not appeared in Experian and Equifax reports, only in Transunion, as far as … Read more