STATUS OF ACCOUNTS
CURRENT STATUS ECOA CODES
Individual Account. The subject of the report, and no one else, is
00 UNRATED Too new to rate: approved but not used. I
responsible for payment on this account.
Pays (or paid) with 30 days of payment due date, or not over Joint Account. The subject and other person (or persons) are jointly
01 AS AGREED J
one payment past due. responsible for payment on this account.
Pays (or paid) in more than 30 days from the payment due Authorized Use. This is a shared account, but one person has
02 30 SLOW date, but not more than 60 days, or not more than 2 payment A responsibility for payment, while the other person (or persons) does
past due. not.
Pays (or paid) in more than 60 days from the payment due Undesignated. This code is an indication that the credit grantor does
03 60 SLOW date, but not more than 90 days, or not more than 3 payment U not have enough information to give the account a more specific
past due. designator code.
Shared, but otherwise undesignated. This code is an indication that
Pays (or paid) in more than 90 days from the payment due
the credit grantor knows that the subject and at least one other person
04 90 SLOW date, but not more than 120 days, or not more than 4 S
share the account, but not enough information is available to designate
payment past due.
the account as either "J" (Joint) or "A" (Authorized Use).
Pays (or paid) in more than 120 days, or five or more Co-maker. The subject has co-signed for an statement loan, and will
05 120 SLOW C
payment past due. be responsible for payment if the borrower should default.
Making regular payment under debtor's plan or similar Maker. The subject is responsible for payment of an installment loan,
07 ACCT WEP M
arrangement. but a co-maker is involved as assurance that the loan will be repaid.
On Behalf of Another Person. The subject has financial responsibility
08 REPO Repossession. B for an account which is used exclusively by another person, as when a
father opens a charge account for his daughter's use at college.
Terminated. The subject's relationship to this account has ended,
although other parties who once shared the account with the subject
09 CHG OFF Charge off account, Bad debt. T may continue to maintain the account. This code is used often after a
divorce, when one party continues to maintain an account, while the
other party is disassociated from it.
TYPES OF ACCOUNTS
REV Revolving Credit Cards, Balances Revolve every month.
American Express, Cell Phone Bills, Balance is paid in full
Home or Auto Loan. Fixed balance and payment terms, paid