Now what you're seeing on the screen is the main body of a credit report, we're talking about the accounts. And if you were to take a look at this, you're gonna see that partway down here we see credit one bank. Then next to credit, one bank, we've got the account number, and in this case, it's a made up number because I've redacted it. We see who's reporting it. We see that Equifax is reporting it. Experian x pn is reporting it, we see the TransUnion is reporting it.
And then we go down further, we see when the account was opened the next line, we see the high credit amount, which is 1000 for the closed account. It's an AR nine account. Now our nine means it's a revolving account. So it was a credit card. Nine Mrs status are one is excellent, our nine is horrible. And then you've got varying degrees between one and nine coal slash p&l is that a profit and loss right off and it is a collection account.
Next line down we see history. We see history going back from nine have a weight and the nines, the sevens, I'm sorry, the six is 5432. And one, one indicates paid within the 30 days allowed two is a 60. day late three is a 30 or a 60. day late. Four is a 90 day late and then it continues on. This is a credit card as I stated before, and then next line down talks about the lakes six by nine 90 In other words, 90 day late six times and the dates that they occurred, it was sent to a collection on March of 2008. It was transferred and charged off and the charge off amount was $1,004.
It was charged off in September of 2007. And it was purchased more than likely by a debt collector. Next slide down here is we see GTF Services LLC and account number as we go across again, Experian is reporting this TransUnion is reporting this and I don't see Experian or I'm sorry, Equifax on here, the days to collections and so forth. Now in this case, it was a paid charge off. So it was paid December. Loven and is a paid collection.
So it was submitted to collection paid collection and it was paid off during the collection process. Now if we get down here further, that was the derogatory information and now now you see positive information on this report. Right here and of derogatory items. We see chase Otto. This being reported by Equifax, Experian, and TransUnion. See all the ones that indicates that they have not been late.
It's an auto loan, fixed rate and you see the status i i means installment. So I want to count installment loan no late universal acceptance the next line down right in It's being reported by Equifax, Experian and TransUnion. It's a closed account. It's a credit line. Although this says that it's an auto loan, so and we go up here, see I have one instant installment loan. So this will give you some idea of a credit report and and how it's read.