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Equifax Code

A.

FIRM - The lender

B.

IDENT CODE - The lender's member number with Equifax, including a two-letter industry code. For example, AU designates used automobile dealer.

C.

CS - Current status. R1 is a revolving account paid as agreed, R2 is a past-due account (1 or 2 payments behind,)  etc.  R0 indicates the account is too new to rate. Other status codes indicate things such as repossession, lost/stolen card, etc. Installment loans with a fixed number of payments use I (instead of R.) Open 30, 60, or 90 day accounts use O (instead of R.)  See table below.

D.

ECOA - Equal Credit Opportunity Act code: I for individual, J for joint.  See table below.

E.

Account Number - Number assigned to the account by the lender, such as a credit card number. Some digits may be masked or truncated.

F.

RPTD, OPND Month and year this item was last reported and originally opened.

G.

LIMIT, P/DUE - Credit limit for revolving accounts (if reported) and the current amount past due.

H.

HICR, TERM - High credit - The highest the balance has been, and the term in months.

I.

BAL$ - Balance currently owed.

J.

DLA Date of Last Access (date reported)

K.

MR Months reviewed.

L.

 (30-60-90+) Number of 30-, 60-, & 90-day delinquencies

M.

MAX/DEL Date and status-code of the worst delinquency.  Example: 04/97 R3 indicates 3 payments behind in April of 1997. See table below.

N.

24 Month History - Status codes for up to 24 months: 1=on-time payment, 2=past-due up to 2 months, 3=past-due up to 3 months, etc.  (The most recent month is at the left.)

Equifax Codes

Public Record Codes

Code

Description

Code

Description

AB JD

Abstract Judgment (foreclosure, etc.).

PD CL

Paid collection ($50 and up)

BKRPT

Bankruptcy

SECLN

Secured loan

FINCL

Financial counselors

SP MT

Separate maintenance

FN ST

Financial statement filed

ST JD

Satisfied judgment (foreclosure, etc.).

FORCL

Foreclosure

SUDI

Suit dismissed

GARN

Garnishment

SUIT

Lawsuit

LIEN

Tax Lien

UP CL

Unpaid collection ($50 and up)

MAR

Martial items (divorce, etc.)

WEP

Wage earner plan

N/RES

Non-responsibility

 

 

Equifax Trade Check Rating Codes

Installment
Account
(fixed number
 of payments

Revolving or
Option Account
(Open-ended)

Open Account
(30, 60, or 90-day
account.)

Meaning

I0

R0

O0

Too new to rate

I1

R1

O1

Pays account as agreed

I2

R2

O2

Not more than two payments past due

I3

R3

O3

Not more than three payments past due

I4

R4

O4

Not more than four payments past due

I5

R5

O5

More than 120 days or four payments past due

I7

R7

O7

Making regular payments under WEP.

I8

R8

O8

Repossession

I9

R9

O9

Bad debt; placed for collection

IA

RA

OA

Account is inactive

IB

RB

OB

Lost or stolen card

IC

RC

OC

Contact member for status

ID

RD

OD

Refinanced or renewed

IE

RE

OE

Consumer deceased

IF

RF

OF

In financial counseling

IG

RG

OG

Foreclosure process started

IH

RH

OH

In WEP of other party

IJ

RJ

OJ

Adjustment pending

IM

RM

OM

Included in Chapter 13


 

ECOA Codes

Description

A

Authorized User - This individual is an authorized user of this account; another individual has contractual responsibility

C

Joint Account Contractual Responsibility - This individual is contractually obligated to repay all debts arising on this account. There are other people associated with this account who may or may not have contractual responsibility.

I

Individual - This individual has contractual responsibility for this account and is primarily responsible for its payment

M

Maker (signer) - This individual is responsible for this account, which is guaranteed by a Co-maker (cosigner)

P

Shared Account - This individual participates in this account. The association cannot be distinguished between ECOA I or J

S

coSigner - This individual has guaranteed this account and assumes responsibility should signer default

T

Terminated - Account is terminated

U

Undesignated - This is reported by the Bureau only

X

Deceased - the subject is on record as being dead

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