DTC- BELLSOUTH COMMUNICATIONS

Submitted by jennings111 on Sun, 06/17/2007 - 03:33
Forums

on credit inquiries what does dtc mean/or stand for?

Hi Jennings,

DTC stands for Depository Trust Company.

Thanks
Scott

Wed, 06/20/2007 - 09:11 Permalink

Hi Jennings,

Welcome to the community.

Depository Trust Company or DTC is the largest central securities depository in the world. This is based in New York. It is a subsidiary of the Depository Trust and Clearing Corporation (DTCC).

Jennings a very interesting thing is that DTC custodies more than 2.5 million U.S. and non U.S. corporate, equity and municipal debt security issues from over 100 countries. This is valued at over $28 trillion. DTC and its affiliates manage over $1 quadrillion of security dealings in one year. Isn’t that great?

CHEERS!!
Carol. :)

Wed, 06/20/2007 - 09:23 Permalink

Hi Gina,

If that is mentioned on your report i think that they tried to view your credit report for some reason. Do you have a local telephone connection from them?

Thanks
Alex

Mon, 06/25/2007 - 07:11 Permalink

there was a fraudulent account with bellsouth i just dont know what dtc meant

Mon, 06/25/2007 - 12:01 Permalink

Hi Jennings,

If you think that this item should not be on the credit report then go ahead and dispute it. In case it is a fraud it will be removed after investigation done by the CRA

Wed, 06/27/2007 - 03:59 Permalink