payment_history

A child to tradelines, payment_history refers to the applicant's past payment frequency. payment_history is returned in an array and can have zero objects or a maximum of 7 objects (years).

The format of payment_history depends on the payment_frequency value of the tradeline, which will most often be MONTHLY.

Field Format Notes
payments Array 0 = N/A payment, out of range
1 = reported but unknown specifics
2 = paid on time
3 = Less than or equal to 30 days past due
4 = Less than or equal to 60 days past due
5 = Less than or equal to 90 days past due
6 = Less than or equal to 120 days past due
7 = More than 120 days past due
year Integer{4} YYYY

Monthly payment_history example over three years:

{    
    "payment_history": [{
        "payments": [2, 2, 2, 3, 3, 3, 2, 2, 0, 0, 0, 0],
        "year": "2016"
    }, {
        "payments": [2, 2, 2, 2, 2, 2, 2, 2, 2, 3, 3, 3],
        "year": "2015"
    }, {
        "payments": [0, 0, 0, 0, 0, 0, 0, 2, 2, 2, 2, 2],
        "year": "2014"
    }]
}

payment_frequency explanation

Payment Frequency Explanation
MONTHLY Payments array length equal to 12. The first element is the month of December and the last is January. Nova cannot distinguish where in that month the payment happened, hence Nova defaults to counting from the end of the month onward.
BI_MONTHLY (every two months) Payments array length equal to 6. The first element is the month of December and the last is January. Nova cannot distinguish where in that month the payment happened, hence Nova defaults to counting from the end of the two months onward.
WEEKLY Payments array length equal to 52. The first element is the last week of the year. Nova cannot distinguish where in that month the payment happened, hence Nova defaults to counting from the end of the week.
QUARTERLY Payments array length equal to 4. The first element is the month of December and the last is April. Nova cannot distinguish where in that month the payment happened, hence Nova defaults to counting from the end of the quarter onward.

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