What does R1,R2, 19, O9 and R9 mean as far as credit?

Question

I was wondering what those meant because I am looking at apartments and these are some of the things the property managers WON'T accept. I know I have pretty messed up credit, but I wanted to save myself some grief and application fee money as well by finding out before I waste my time.

Answer 1

They describe types of loan, either in default or not.

Answer 2

R-1 means a revolving loan with no lates.

R-2 means a revolving loan that is or has been 30 days late.

R-9 means a revolving loan that you defaulted on.

09- means you never made a payment & defaulted.

In 22 years of credit I have never seen a 19 - I think you mean an I-9 which is an installment loan that you have defaulted on (they have charged it off).  I-1 would be an installment loan with no lates.  Good luck!