METRO2 ECOA CODES (BASE , J1 and J2 Segments)

METRO2 ECOA CODES (BASE , J1 and J2 Segments)

NY QUESTIONS CONCERNING THE USE OF THESE CODES OR ERRORS REPORTED BY THE CREDIT BUREAU, SHOULD BE DIRECTED TO THE CREDIT REPORTING RESOURCE GUIDE (available on our website) OR THE CREDIT BUREAU.

PRIMARY MEMBER (Base Segment) Program #4 Page 4 of 9

ERS Default:

Loan with no co-maker we report 1 if this field is blank

Loan with co-maker we report 2 if this field is blank

ECOA Code

Defines the relationship of the primary consumer to the account and designates the account as joint, individual, etc., in compliance with the equal Credit Opportunity Act. Values available:

CODE	DESCRIPTION
0	Undesignated (Do not use on accounts opened after 6/1977
1	Individual (This individual has contractual responsibility for this account and is primarily responsible for its payment.)
2	Joint Contractual Liability (Account for which both customer and joint borrower are contractually liable.)
4	Joint (Shared account which cannot be more narrowly defined by code 2.)
6	On-Behalf-Of (Used to secure credit for another individual, other than spouse.)
7	Maker (Account for which subject is liable but a co-maker is liable if maker defaults.)
T	Association with account terminated
W	Business/Commercial (Used to identify that the company reported in the name fields is contractually liable fo the account.)
X	Consumer Deceased
Z	Delete Borrower Note: Only inaccurately reported consumers should be deleted.

CO-MAKER (J1Segment) Program #4 Page 7 and 8 of 9

ERS Default:

We report 2 if this field is blank

ECOA CODE

Defines the relationsip of theh associated consumer to the account and designates the account as joing, individual, etc., in compliance with the Equal Credit Opportunity Act. Values available:

CODE	DESCRIPTION
0	Undesignated (Do not use on accounts opened after 06/1977)
2	Joint Contractual Liability (Account for which both customer and joint borrower are contractually liable.)
3	Authorized User (This individual is an authorized user of this account; another individual has contractual responsibility.)
4	Joint (Shared account which cannot be more narrowly defined by code 2.)
5	Co-Maker (Account for which the subject is the co-maker and becomes liable if the maker defaults; no spousal relationship.)
6	On-Behalf-Of (Used to secure credit for another individual, other than spouse.)
T	Association with account terminated
W	Business/Commercial (Used to identify that the company reported in the name fields is contractually liable for the account.)
X	Consumer Deceased
Z	Delete Borrower Note: Only inaccurately reported consumers should be deleted.