Deceased Indicator definition
Deceased Indicator means a block placed upon the accounts of a deceased customer once proof of death has been established, designed to prevent activity on those accounts;
Examples of Deceased Indicator in a sentence
The CRAs shall implement an automated process to share relevant information about consumers who dispute as inaccurate a tradeline for which the furnisher reports a deceased indicator (“Disputed Deceased Indicator”) and for which a CRA has investigated and determined to cease reporting such Disputed Deceased Indicator.