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How To Read An Equifax Credit ReportCustomer Tutorial
2Equifax Confidential and Proprietary Information
Important Legal NoteThe information in this presentation is not to be relied
upon is not intended to be nor should it be used or construed as legal advice Equifax assumes no liability
for any errors or omissions in the information in this presentation Compliance with the Fair Credit
Reporting Act (FCRA) the Equal Credit Opportunity Act (ECOA) or their respective regulations is the
responsibility of each entity to which such laws apply All specific consumer customer and other third party
information in this presentation is fictitious
This presentation contains Equifax proprietary and confidential information Do not distribute or copy
3Equifax Confidential and Proprietary Information
Information Included in an Equifax Credit Reportbull Personal Information - Name address Social
Security number date of birth employment history
bull Credit History - Account details such as open date credit limit loan amount balance payment terms and history
bull Inquiries - Record of who has procured the credit report
bull Public Records and Collections - Liens bankruptcies judgments items being handled by a collection agency
4Equifax Confidential and Proprietary Information
Information NOT Included in an Equifax Credit Reportbull Checking or savings account databull Bankruptcies more than 10 years oldbull Charged-off debts or collection items more than
seven years oldbull Gender ethnicity religion or political affiliationbull Medical historybull Criminal recordsbull Motor vehicle recordsbull Actual items purchased by credit card
5Equifax Confidential and Proprietary Information
Permissible Purposes Under The FCRA
bull The Fair Credit Reporting Act limits the use of consumer reports to protect consumers privacy
bull All users must have a permissible purpose under the FCRA to obtain a consumer report
6Equifax Confidential and Proprietary Information
Permissible Purposes under the FCRA Include Without Limitationbull For the extension of credit as a result of an application
from a consumer bull For employment purposes including hiring and
promotion decisions where the consumer has given written permission
bull When there is a legitimate business need in connection with a business transaction that is initiated by the consumer
bull To review a consumers account to determine whether the consumer continues to meet the terms of the account
7Equifax Confidential and Proprietary Information
Equifax Database and Report Names
bull ACRO - An acronym for Automated Credit Report On-Line (Equifaxrsquos consumer credit database)
ndash ACROFILEndash ACROFILE PLUS
8Equifax Confidential and Proprietary Information
ACROFILE and ACROFILE PLUS both contain
ACROFILE PLUS contains items above plus
bull Address Discrepancy Messagebull Fraud and Active Duty Military Alertsbull Consumer Referral Messagebull Identificationbull Employmentbull Summary of File Itemsbull Public Records or Other Informationbull Inquiriesbull Trade
bull Summarized historical delinquency informationbull Collection items grouped in a separate section from public recordsbull Accounts grouped by trade type (revolving open and installment)
and subtotals calculated for eachbull Tradeline information stacked in a two-line formatbull A 24-month payment history that provides customers with a graphic
representation of the consumerrsquos delinquency history
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
9Equifax Confidential and Proprietary Information
ADDRESS DISCREPANCY - NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-2389412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 060046 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACKFORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333CELLULAR (11111) 770-444-5555PAGER (12222) 770-444-5555DAYTIME (13333) 770-444-5555 EXT-88888GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Address Discrepancy Indicator MessageThe Fair and Accurate Credit Transaction Act (FACTA) obligates consumer reporting agencies (CRAs) to return an address discrepancy indicator where appropriate
If the inquiry address substantially differs from the address(es) on the credit file the following message will display ldquoADDRESS DISCREPANCY ndash A SUBSTANTIAL DIFFERENCE OCCURREDrdquo
Address Discrepancy Indicator Address Discrepancy Indicator MessageMessageThe Fair and Accurate Credit Transaction The Fair and Accurate Credit Transaction Act (FACTA) obligates consumer reporting Act (FACTA) obligates consumer reporting agencies (CRAs) to return an address agencies (CRAs) to return an address discrepancy indicator where appropriatediscrepancy indicator where appropriate
If the inquiry address substantially differs If the inquiry address substantially differs from the address(es) on the credit file the from the address(es) on the credit file the following message will display following message will display ldquoldquoADDRESS DISCREPANCY ADDRESS DISCREPANCY ndashndash A A SUBSTANTIAL DIFFERENCE OCCURREDSUBSTANTIAL DIFFERENCE OCCURREDrdquordquo
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
10Equifax Confidential and Proprietary Information
Fraud Alerts and Active Duty Military AlertThe FACTA obligates a CRA to indicate when a consumer has placed an initial or extended fraud alert or active duty military alert on his or her file
INITIAL FRAUD VICTIM (Alert stays on file for 90 days)EXTENDED FRAUD VICTIM(Alert stays on file for 7 years)ACTIVE DUTY MILITARY(Alert stays on file for 12 months)
When an Initial or Extended Fraud Victim alert or an Active Duty Military alert is added to the file the consumer may provide contact information to the CRA which must then include such information in the report
Fraud Alerts and Fraud Alerts and Active Duty Military AlertActive Duty Military AlertThe FACTA obligates a CRA to indicate The FACTA obligates a CRA to indicate when a consumer has placed an initial or when a consumer has placed an initial or extended fraud alert or active duty military extended fraud alert or active duty military alert on his or her file alert on his or her file
INITIAL FRAUD VICTIM INITIAL FRAUD VICTIM (Alert stays on file for 90 days)(Alert stays on file for 90 days)EXTENDED FRAUD VICTIMEXTENDED FRAUD VICTIM(Alert stays on file for 7 years)(Alert stays on file for 7 years)ACTIVE DUTY MILITARYACTIVE DUTY MILITARY(Alert stays on file for 12 months)(Alert stays on file for 12 months)
When an Initial or Extended Fraud Victim When an Initial or Extended Fraud Victim alert or an Active Duty Military alert is alert or an Active Duty Military alert is added to the file the consumer may added to the file the consumer may provide contact information to the CRA provide contact information to the CRA which must then include such information which must then include such information in the reportin the report
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-2389412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 060046 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACKFORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333CELLULAR (11111) 770-444-5555PAGER (12222) 770-444-5555DAYTIME (13333) 770-444-5555 EXT-88888GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
11Equifax Confidential and Proprietary Information
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-2389412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 060046 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACKFORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333CELLULAR (11111) 770-444-5555PAGER (12222) 770-444-5555DAYTIME (13333) 770-444-5555 EXT-88888GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Consumer Referral MessageCredit reporting agency address and telephone number for consumer contact
The FCRA mandates that CRA contact information be provided on adverse action or declination letters when the decision is based on the credit report
Consumer Referral MessageConsumer Referral MessageCredit reporting agency address and Credit reporting agency address and telephone number for consumer contact telephone number for consumer contact
The FCRA mandates that CRA contact The FCRA mandates that CRA contact information be provided on adverse action information be provided on adverse action or declination letters when the decision is or declination letters when the decision is based on the credit reportbased on the credit report
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
12Equifax Confidential and Proprietary Information
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-2389412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 060046 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACKFORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333CELLULAR (11111) 770-444-5555PAGER (12222) 770-444-5555DAYTIME (13333) 770-444-5555 EXT-88888GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
IdentificationAssists with verifying consumer informationIncludesbull Subject namebull SINCE - date file was establishedbull FAD - date of most recent activity bull FN - file number for internal usebull Up to three addresses ndash current and
formerbull Telephone numbersbull Also known as (AKA) and former name
(FN)bull Birth date(1) SSN and Social Security
Number Verified (2)
(1) Creditors may report age instead of birth date to protect the consumerrsquos privacy
(2) An optional service that reports if Social Security Number has been verified through major Equifax reporting customers Verification is not through the Social Security Administration
IdentificationIdentificationAssists with verifying consumer informationAssists with verifying consumer informationIncludesIncludesbullbull Subject nameSubject namebullbull SINCE SINCE -- date file was establisheddate file was establishedbullbull FAD FAD -- date of most recent activity date of most recent activity bullbull FN FN -- file number for internal usefile number for internal usebullbull Up to three addresses Up to three addresses ndashndash current and current and
formerformerbullbull Telephone numbersTelephone numbersbullbull Also known as (AKA) and former name Also known as (AKA) and former name
(FN)(FN)bullbull Birth date(1) SSN and Social Security Birth date(1) SSN and Social Security
Number Verified (2) Number Verified (2)
(1) Creditors may report age instead of birth (1) Creditors may report age instead of birth date to protect the consumerdate to protect the consumerrsquorsquos privacys privacy
(2) An optional service that reports if Social (2) An optional service that reports if Social Security Number has been verified Security Number has been verified through major Equifax reporting through major Equifax reporting customers Verification is not through the customers Verification is not through the Social Security AdministrationSocial Security Administration
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
13Equifax Confidential and Proprietary Information
Name SegmentbullRedefined fields
ndash Last Name ndash expanded from 25 to 51 positionsndash First Name ndash expanded from 15 to 25 positionsndash Middle Name ndash expanded from 15 to 25 positions
bullBenefitsndash Allows Equifax to provide longer names in keeping
with the current international practicesndash Enhances quality and accuracyndash Enhances the file search process (future
enhancement)
14Equifax Confidential and Proprietary Information
New Segmentsbull Other Identification Segment (OS) contains
ndash Date Reported ndash the date the OS segment was applied to the filendash Type Code Field ndash Denotes the type of data that resides in the Other
Identification Number field such as bull C = SIN S = SSN and T = Tax ID
ndash Other Identification Number such as Tax ID numberndash Reason codes to explain the type of ID added to the file
bull Tax ID
bull Minor Child SSN
bull Social Insurance Number (Canada)
bull Benefitsndash Assists in ID verification and fraud detectionprevention
15Equifax Confidential and Proprietary Information
EmploymentDisplays up to three employers (current and two previous) May include the following information (to the extent available)
bull Position bull Employer or firmbull City and state of employerbull Date employed date verified date left
Employment is listed by line number as follows
Line 01 = current employer (ES)Line 02 = former employer (EF)Line 03 = second former employer (E2)
EmploymentEmploymentDisplays up to three employers (current Displays up to three employers (current and two previous) May include the and two previous) May include the following information (to the extent following information (to the extent available)available)
bullbull Position Position bullbull Employer or firmEmployer or firmbullbull City and state of employerCity and state of employerbullbull Date employed date verified date leftDate employed date verified date left
Employment is listed by line number as Employment is listed by line number as followsfollows
Line 01 = current employer (ES)Line 01 = current employer (ES)Line 02 = former employer (EF)Line 02 = former employer (EF)Line 03 = second former employer (E2)Line 03 = second former employer (E2)
001 Equifax Information Services P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-2389412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 060046 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACKFORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333CELLULAR (11111) 770-444-5555PAGER (12222) 770-444-5555DAYTIME (13333) 770-444-5555 EXT-88888GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
01 ES- ENGINEER ACME MFG ATLANTA GA 060002 EF- ENGINEER CENTRAL POWER SAN JOSE CA03 E2- ENGINEER MAJOR MOTORSDETROITMI
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
16Equifax Confidential and Proprietary Information
Summary of File ItemsSnapshot of credit information found in
the file and includes
bull Oldest open date of tradebull Newest reported date of tradebull Presence of Public RecordsOther
Information (indicated by yes or no)bull FB-NO (Foreign Bureau) - File contains
no information from a non-Equifax affiliate
bull Number of trade lines (accounts) bull Range of high credit amountsbull Number of accounts with each current
status code (0-9) Example Four trade lines are rated ldquo1rdquo
Summary of File ItemsSummary of File ItemsSnapshot of credit information found in Snapshot of credit information found in
the file and includesthe file and includes
bullbull Oldest open date of tradeOldest open date of tradebullbull Newest reported date of tradeNewest reported date of tradebullbull Presence of Public RecordsOther Presence of Public RecordsOther
Information (indicated by yes or no)Information (indicated by yes or no)bullbull FBFB--NO (Foreign Bureau) NO (Foreign Bureau) -- File contains File contains
no information from a nonno information from a non--Equifax Equifax affiliateaffiliate
bullbull Number of trade lines (accounts) Number of trade lines (accounts) bullbull Range of high credit amountsRange of high credit amountsbullbull Number of accounts with each current Number of accounts with each current
status code (0status code (0--9) Example Four trade 9) Example Four trade lines are rated lines are rated ldquoldquo11rdquordquo
01 ES- ENGINEER ACME MFG ATLANTA GA 060002 EF- ENGINEER CENTRAL POWER SAN JOSE CA03 E2- ENGINEER MAJOR MOTORSDETROITMI
SUM- 0782-0106 PROI-YES FB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
07 1105 LIEN 111VF000 1234567 $580VF12050106
SAMPLE REPORT ACROFILE
17Equifax Confidential and Proprietary Information
Historical DelinquencyIs added to the summary line and reflects the highest delinquency rating in either the maximum delinquency or 24-month history for each trade line
Inquiry AlertWhen 3 or more inquiries are present within a 90 day period an alert message will display
Public Record DisplayACROFILE PLUS groups public records in a separate section from collections
Historical DelinquencyHistorical DelinquencyIs added to the summary line and reflects Is added to the summary line and reflects the highest delinquency rating in either the the highest delinquency rating in either the maximum delinquency or 24maximum delinquency or 24--month history month history for each trade line for each trade line
Inquiry AlertInquiry AlertWhen 3 or more inquiries are present When 3 or more inquiries are present within a 90 day period an alert message within a 90 day period an alert message will displaywill display
Public Record DisplayPublic Record DisplayACROFILE PLUS groups public records in ACROFILE PLUS groups public records in a separate section from collectionsa separate section from collections
01 ES- ENGINEER ACME MFG ATLANTA GA 060002 EF- ENGINEER CENTRAL POWER SAN JOSE CA03 E2- ENGINEER MAJOR MOTORSDETROITMI
SUM- 0782-0106 PROI-YES COLL-YES FB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER
0106 SATISFIED 080306 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL0302 0106 $532 0102 111YC00000 PAYMENT
$300 I 654321MEDICAL
SAMPLE REPORT ACROFILE PLUS
18Equifax Confidential and Proprietary Information
SUM- 0782-0106 PROI-YES FB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 01006 SATISFIED 0803
07 1105 LIEN 111VF000 1234567 $580VF12050106
Public RecordsInformation collected from city state and federal courthouses by third-party vendors Once retrieved this information is incorporated into the body of the credit file and may include
bull Bankruptcybull Judgmentbull Lien
Public RecordsPublic RecordsInformation collected from city state and Information collected from city state and federal courthouses by thirdfederal courthouses by third--party party vendors Once retrieved this information vendors Once retrieved this information is incorporated into the body of the credit is incorporated into the body of the credit file and may include file and may include
bullbull BankruptcyBankruptcybullbull JudgmentJudgmentbullbull LienLien
SAMPLE REPORT ACROFILE
19Equifax Confidential and Proprietary Information
SUM- 0782-0106 PROI-YES COLL-YESFB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER
0106 SATISFIED 080306 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL0302 0106 $532 0102 111YC00000 PAYMENT
$300 I 654321MEDICAL
Public Records Displayed in the ACROFILE PLUS format
Public Records Displayed in the Public Records Displayed in the ACROFILE PLUS formatACROFILE PLUS format
SAMPLE REPORT ACROFILE PLUS
20Equifax Confidential and Proprietary Information
PUBLIC RECORDS OR OTHER INFORMATION 04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-705 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER
0106 SATISFIED 080306 1105 LIEN 111VF000 1234567 $580 VF 1205 0106
Bankruptcybull Date filed (0703)bull Courthouse customer number
(111VF000)bull Case number (12345678) and
disposition date bull Filer (individual)bull Type of bankruptcy (personal)bull Disposition and Chapter
(dismissed Chapter 7)
BankruptcyBankruptcybullbull Date filed (0703)Date filed (0703)bullbull Courthouse customer number Courthouse customer number
(111VF000)(111VF000)bullbull Case number (12345678) and Case number (12345678) and
disposition date disposition date bullbull Filer (individual)Filer (individual)bullbull Type of bankruptcy (personal)Type of bankruptcy (personal)bullbull Disposition and Chapter Disposition and Chapter
(dismissed Chapter 7)(dismissed Chapter 7)
Dismissed (DISMSD) indicates the bankruptcy was not accepted by the court and discharged (DSCHGD) indicates the bankruptcy was grantedChapter 7 is a straight bankruptcy with the debtors assets distributed to the creditors and Chapter 13 (Wage Earner Plan) is a court-arranged payment plan
Dismissed (DISMSD) indicates the bankruptcy was not accepted Dismissed (DISMSD) indicates the bankruptcy was not accepted by the court and discharged (DSCHGD) indicates the bankruptcy by the court and discharged (DSCHGD) indicates the bankruptcy was grantedwas grantedChapter 7 is a straight bankruptcy with the debtors assets Chapter 7 is a straight bankruptcy with the debtors assets distributed to the creditors and Chapter 13 (Wage Earner Plan) distributed to the creditors and Chapter 13 (Wage Earner Plan) is is a courta court--arranged payment planarranged payment plan
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
21Equifax Confidential and Proprietary Information
Bankruptcy Segmentbull New Fields
ndash Prior IntentDisposition Code ndash contains a code that indicates the status of the bankruptcies prior to that in the Current IntentDisposition Code fieldbull Added to address customer needs to track bankruptcies
that move from one type of filing to another (ex Chapter 13 to a Chapter 7)
ndash Current Disposition Date ndash contains the date of the final status of the case (previously stored in the case number field)bull Added to create a specific field for this information Assists
in model development
22Equifax Confidential and Proprietary Information
Bankruptcy Segment contrsquod
bull New Fieldsndash Verified Date ndash contains the date that the
information contained in the bankruptcy was verified manually (previously stored in the case number field)bull Added to create a specific field for this information
ndash Date Reported ndash The date the bankruptcy was reported to Equifaxbull Currently only Date Filed is provided
bull Enhances file quality
23Equifax Confidential and Proprietary Information
PUBLIC RECORDS OR OTHER INFORMATION 04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-705 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER
0106 SATISFIED 080306 1105 LIEN 111VF000 1234567 $580 VF 1205 0106
Abstract of Judgmentbull Date filed (0503)bull Courthouse customer number
(111VF000)bull Amount of Judgmentbull Defendant is the subjectbull Case number (12345)bull Plaintiff is Any Bank USAbull Date item was verified (0106)bull Status (satisfied)bull Date Satisfied (0803)
Lienbull Date filed (1105)bull Courthouse customer number
(111VF000)bull Case number (1234567)bull Amount Due ($580)bull Industry code (Federal or State)bull Date released (1205)bull Date verified (0106)
Abstract of JudgmentAbstract of Judgmentbullbull Date filed (0503)Date filed (0503)bullbull Courthouse customer number Courthouse customer number
(111VF000)(111VF000)bullbull Amount of JudgmentAmount of Judgmentbullbull Defendant is the subjectDefendant is the subjectbullbull Case number (12345)Case number (12345)bullbull Plaintiff is Any Bank USAPlaintiff is Any Bank USAbullbull Date item was verified (0106)Date item was verified (0106)bullbull Status (satisfied)Status (satisfied)bullbull Date Satisfied (0803)Date Satisfied (0803)
LienLienbullbull Date filed (1105)Date filed (1105)bullbull Courthouse customer number Courthouse customer number
(111VF000)(111VF000)bullbull Case number (1234567)Case number (1234567)bullbull Amount Due ($580)Amount Due ($580)bullbull Industry code (Federal or State)Industry code (Federal or State)bullbull Date released (1205)Date released (1205)bullbull Date verified (0106)Date verified (0106)
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
24Equifax Confidential and Proprietary Information
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111FV000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321MEDICAL
06 0106 COLL 0604 111YC01243 ABC COLL FOR METRO TELEAMT $58 BAL$0 PAID DLA 0504 I 51150
07 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
08 1105 LIEN 111VF000 1234567 $580VF12050106
CollectionsAccounts placed with third party collection agencies are found in this section of the ACROFILE format Collection items includebull Date reported (0106)bull Date assigned to collection agency
(0305)bull Agency customer number (111YC00000)bull Agencyrsquos name and agencyrsquos client (FOR ndash not stated)bull Amount originally owed ($532)bull Balance due ($300)bull Date of last payment also date of
balance (1104)bull ECOA - whose account (individual) See
slide 30bull Account number (654321)bull Medical debt
NOTE The FCRA prohibits the original creditor from being disclosed on medical debts
CollectionsCollectionsAccounts placed with third party Accounts placed with third party collection agencies are found in this collection agencies are found in this section of the ACROFILE format section of the ACROFILE format Collection items includeCollection items includebullbull Date reported (0106)Date reported (0106)bullbull Date assigned to collection agency Date assigned to collection agency
(0305)(0305)bullbull Agency customer number (111YC00000)Agency customer number (111YC00000)bullbull AgencyAgencyrsquorsquos name and agencys name and agencyrsquorsquos client (FOR s client (FOR ndashndash not stated)not stated)bullbull Amount originally owed ($532)Amount originally owed ($532)bullbull Balance due ($300)Balance due ($300)bullbull Date of last payment also date of Date of last payment also date of
balance (1104)balance (1104)bullbull ECOA ECOA -- whose account (individual) See whose account (individual) See
slide 30slide 30bullbull Account number (654321)Account number (654321)bullbull Medical debtMedical debt
NOTE The FCRA prohibits the original creditor NOTE The FCRA prohibits the original creditor from being disclosed on medical debtsfrom being disclosed on medical debts
SAMPLE REPORT ACROFILE
25Equifax Confidential and Proprietary Information
Collectionbull Date listed with collection agency (0305)bull Date last reported to CRA (0106)bull Amount Owed ($532) and balance ($300)bull Date of balance (0104)bull ECOA-whose account (individual)bull Agency customer number (111YC00000)bull Agency name ndash not statedbull Status (payment)bull Serial number is the account number
(654321)bull MEDICAL - indicates agency client for a
medical account
CollectionCollectionbullbull Date listed with collection agency (0305)Date listed with collection agency (0305)bullbull Date last reported to CRA (0106)Date last reported to CRA (0106)bullbull Amount Owed ($532) and balance ($300)Amount Owed ($532) and balance ($300)bullbull Date of balance (0104)Date of balance (0104)bullbull ECOAECOA--whose account (individual)whose account (individual)bullbull Agency customer number (111YC00000)Agency customer number (111YC00000)bullbull Agency name Agency name ndashndash not statednot statedbullbull Status (payment)Status (payment)bullbull Serial number is the account number Serial number is the account number
(654321)(654321)bullbull MEDICAL MEDICAL -- indicates agency client for a indicates agency client for a
medical accountmedical account
SUM- 0782-0106 PROI-YES COLL-YESFB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION04 0703 BKRPT 111FV000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER
0106 SATISFIED 080306 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL0305 0106 $532 0104 111YC00000 PAYMENT
$300 I 654321MEDICAL
SAMPLE REPORT ACROFILE PLUS
26Equifax Confidential and Proprietary Information
Collection Segment 60bull New Fields
ndash Creditor Classification ndash indicates the type of business of the original creditor bull Added to assist in identifying type of collections
bull Only reported if a Third Party Collection agency supplies the information (It is not required)
ndash Last Payment Date ndash captures the last date a collection payment was receivedbull Shows the date the consumer last made a payment on the account
ndash Date of 1st Delinquency (previously the date of last activity) ndash indicates the date of first delinquency as reported by the original creditor
bull Added to reflect currently reported values
27Equifax Confidential and Proprietary Information
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBERSKY BANK 111BB0000 0106 1105 2500 20 650 R1 02 J 86911
DLA 0106RETAILERS 111DC00 1205 1099 1478 30 903 155 R5 23 J 81711
30(03) 60(01) 90+(01) 1105-R41005-R30905-R2 DLA 0705ACCOUNT CLOSED BY CREDIT GRANTOR
HOMES 111FM000 1205 0900 160K 1350 156K I2 63 I 85611TOWNCU 111FC000 1004 0899 LOST OR STOLEN CARD 24511ampEND OF REPORT EQUIFAX AND AFFILIATES - 010406
Tradelinesbull FIRMID CODE ndash Name and customer number of reporting company an asterisk indicates trade
information is from an automated data supplier (SKY BANK 111BB0000)bull RPTD ndash Date item was reported most customers report information monthly (0106)bull OPND ndash Date account was opened (1105)bull HC ndash High credit on revolving accounts may indicate credit limit (2500)bull TRM ndash Monthly repayment amount or number of months or years shown with M or Y in the field ($20)bull BAL ndash Balance owed as of reported date (650)bull PD ndash Past due amount as of reported date
TradelinesTradelinesbullbull FIRMID CODE FIRMID CODE ndashndash Name and customer number of reporting company an asterisk indiName and customer number of reporting company an asterisk indicates trade cates trade
information is from an automated data supplier (SKY BANK 111BB00information is from an automated data supplier (SKY BANK 111BB0000)00)bullbull RPTD RPTD ndashndash Date item was reported most customers report information monthDate item was reported most customers report information monthly (0106)ly (0106)bullbull OPND OPND ndashndash Date account was opened (1105)Date account was opened (1105)bullbull HC HC ndashndash High credit on revolving accounts may indicate credit limit (2High credit on revolving accounts may indicate credit limit (2500)500)bullbull TRM TRM ndashndash Monthly repayment amount or number of months or years shown witMonthly repayment amount or number of months or years shown with M or Y in the field ($20)h M or Y in the field ($20)bullbull BAL BAL ndashndash Balance owed as of reported date (650)Balance owed as of reported date (650)bullbull PD PD ndashndash Past due amount as of reported datePast due amount as of reported date
SAMPLE REPORT ACROFILE
28Equifax Confidential and Proprietary Information
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBERSKY BANK 111BB0000 0106 1105 2500 20 650 R1 02 J 86911
DLA 0106 RETAILERS 111DC00 1205 1099 1478 30 903 155 R5 23 J 81711
30(03) 60(01) 90+(01) 1105-R41005-R30905-R2 DLA 0705ACCOUNT CLOSED BY CREDIT GRANTOR
HOMES 111FM000 1205 0900 160K 1350 156K I2 63 I 85611TOWNCU 111FC000 1004 0899 LOST OR STOLEN CARD 24511ampEND OF REPORT EQUIFAX AND AFFILIATES - 010406
Tradelines (continued)bull CS ndash Type and current status of account (R1)bull MR ndash Months reviewed usually the number of months an account has been reported to Equifax (02)bull ECOA ndash Equal Credit Opportunity Act code indicates account owner (J) bull Account Number ndash Account number with reporting company usually truncated or partial account
number for security reasons (86911)bull DLA ndash Date of last activity either payment or purchase or the first delinquency Determines account
purge date (0106)
Tradelines (continued)Tradelines (continued)bullbull CS CS ndashndash Type and current status of account (R1)Type and current status of account (R1)bullbull MR MR ndashndash Months reviewed usually the number of months an account has beMonths reviewed usually the number of months an account has been reported to Equifax (02)en reported to Equifax (02)bullbull ECOA ECOA ndashndash Equal Credit Opportunity Act code indicates account owner (J) Equal Credit Opportunity Act code indicates account owner (J) bullbull Account Number Account Number ndashndash Account number with reporting company usually truncated or parAccount number with reporting company usually truncated or partial account tial account
number for security reasons (86911)number for security reasons (86911)bullbull DLA DLA ndashndash Date of last activity either payment or purchase or the first Date of last activity either payment or purchase or the first delinquency Determines account delinquency Determines account
purge date (0106)purge date (0106)
SAMPLE REPORT ACROFILE
29Equifax Confidential and Proprietary Information
Display Tradelinebull Stacks tradelines in a two-line
formatbull Groups trade by type (revolving
open and installment)bull Provides subtotals which assist
with calculating debt-to-high credit ratios
bull Provides a 24-month history grid The grid displays asterisks when the account was paid as agreed or will display status (2-9) when there was a delinquency
bull A 24-month grid will not display if there have not been any delinquencies in the past two years
bull Provides a maximum delinquency Displays the most recenthighest delinquency before the 24 month history Example 0803-R4
Display TradelineDisplay Tradelinebullbull Stacks tradelines in a twoStacks tradelines in a two--line line
formatformatbullbull Groups trade by type (revolving Groups trade by type (revolving
open and installment)open and installment)bullbull Provides subtotals which assist Provides subtotals which assist
with calculating debtwith calculating debt--toto--high high credit ratioscredit ratios
bullbull Provides a 24Provides a 24--month history month history grid The grid displays asterisks grid The grid displays asterisks when the account was paid as when the account was paid as agreed or will display status (2agreed or will display status (2--9) 9) when there was a delinquency when there was a delinquency
bullbull A 24A 24--month grid will not display month grid will not display if there have not been any if there have not been any delinquencies in the past two delinquencies in the past two yearsyears
bullbull Provides a maximum Provides a maximum delinquency Displays the most delinquency Displays the most recenthighest delinquency recenthighest delinquency before the 24 month history before the 24 month history Example 0803Example 0803--R4R4
FIRM IDENT CODE CS RPTD LIMIT HICR BAL $ DLA MR (30-60-90+)MAXDELECOAACCT NUMBER OPND PDUE TERM 24 MONTH HISTORY-------------------------------------------------------------------------------------------------------------------------------------SKY BANK 111BB0000 R1 0106 - - - 2500 650 0106 02J86934 1105 - - - 20
TOWNCU 111FC000 R1 0106 - - - 5000 4500 0106 99I27043 0799 - - - 135
RETAILERS 111DC00 R5 1205 - - - 1478 903 0705 23 (03-01-01) 0803-R4J81750 1099 155 30 43222
ACCOUNT CLOSED BY CREDIT GRANTOR
REVOLVING TOTALS - - - 8978 6053155 185
----------------------------------------------------------------------------------------------------------------------TRAVELCLUB111ON000 O1 0904 - - - 450 123 0904 08J75250 0195 - - - 123
OPEN TOTALS - - - 450 123- - - 123
----------------------------------------------------------------------------------------------------------------------
SAMPLE REPORT ACROFILE PLUS
30Equifax Confidential and Proprietary Information
bull Read the grid from left to rightbull The first field represents the previous monthrsquos activity based on the date reportedbull For the example above the ldquo4rdquo in the first field of the grid means the account was rated R4 in November
2005bull Every field represents the status of the previous month so the R3 occurred in October 2005 with an R2 in
September and August 2005 the account was current The next delinquency occurred in May 2005bull The slash in the middle separates the two-year period covered by the grid
bullbull Read the grid from left to rightRead the grid from left to rightbullbull The first field represents the previous monthThe first field represents the previous monthrsquorsquos activity based on the date reporteds activity based on the date reportedbullbull For the example above the For the example above the ldquoldquo44rdquordquo in the first field of the grid means the account was rated R4 iin the first field of the grid means the account was rated R4 in November n November
20052005bullbull Every field represents the status of the previous month so the Every field represents the status of the previous month so the R3 occurred in October 2005 with an R2 in R3 occurred in October 2005 with an R2 in
September and August 2005 the account was current The next delSeptember and August 2005 the account was current The next delinquency occurred in May 2005inquency occurred in May 2005bullbull The slash in the middle separates the twoThe slash in the middle separates the two--year period covered by the gridyear period covered by the grid
FIRM IDENT CODE CS RPTD LIMIT HICR BAL $ DLA MR (30-60-90+)MAXDELECOAACCT NUMBER OPND PDUE TERM 24 MONTH HISTORY----------------------------------------------------------------------------------------------------------------------------------------
RETAILERS 111DC00 R5 1205 ----- 1478 903 0705 23 (03-01-01) 0803-R4J81711 1099 155 30 43222
How to Read a 24-month History
SAMPLE REPORT ACROFILE PLUS
31Equifax Confidential and Proprietary Information
SAMPLE REPORT Codes for ACROFILE and ACROFILE PLUS
Narrative CodesCreditors can further describe information about an account by including a narrative code via their monthly reporting Currently there are 253 narrative codes from which to choose Example Account Closed By Credit GrantorStatus CodesCreditors can prevent a tradeline from being updated so the consumer is not penalized due to extenuating circumstances such as when a credit card is lost or stolen or the consumer is deceased These codes are displayed overlaying the tradeline information Example Lost or Stolen CardDate File AccessedDisplays the date the credit report was accessed by the customer (is also the inquiry date that posts to the consumerrsquos file) Also serves as a notification to the customer that transmission of the report is now complete
Narrative CodesNarrative CodesCreditors can further describe information about an account by iCreditors can further describe information about an account by including a narrative code via their monthly ncluding a narrative code via their monthly reporting Currently there are 253 narrative codes from which reporting Currently there are 253 narrative codes from which to choose Example Account Closed By Credit to choose Example Account Closed By Credit GrantorGrantorStatus CodesStatus CodesCreditors can prevent a tradeline from being updated so the consCreditors can prevent a tradeline from being updated so the consumer is not penalized due to extenuating umer is not penalized due to extenuating circumstances such as when a credit card is lost or stolen or tcircumstances such as when a credit card is lost or stolen or the consumer is deceased These codes are he consumer is deceased These codes are displayed overlaying the tradeline information Example Lost odisplayed overlaying the tradeline information Example Lost or Stolen Cardr Stolen CardDate File AccessedDate File AccessedDisplays the date the credit report was accessed by the customerDisplays the date the credit report was accessed by the customer (is also the inquiry date that posts to the (is also the inquiry date that posts to the consumerconsumerrsquorsquos file) Also serves as a notification to the customer that tras file) Also serves as a notification to the customer that transmission of the report is now completensmission of the report is now complete
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBERSKY BANK 111BB0000 0106 0701 2500 20 650 R1 02 J 86911
DLA 0106RETAILERS 111DC00 1205 1099 1478 30 903 R5 23 J 81711
30(03) 60(01) 90+(01) 0701-R40601-R30501-R2 DLA 0705ACCOUNT CLOSED BY CREDIT GRANTOR
TOWNCU 111FC000 1004 0782 LOST OR STOLEN CARD 24511ampEND OF REPORT EQUIFAX AND AFFILIATES - 010406
32Equifax Confidential and Proprietary Information
Trade Segmentbull New Fields
ndash Credit Limit ndash separate field that was previously stored in the high credit field with accompanying narrative
ndash Activity Designator ndash indicates the final status of the account such as ldquoclosedrdquo ldquopaidrdquo ldquorefinancedrdquo etc
ndash Account Type ndash indicates the type of account such as ldquoautordquoldquosecuredrdquo etc Previously denoted with narrative code
ndash Last Payment Date ndash date of most recent paymentndash Date Major Delinquency 1st Reported ndash if the current ratestatus is 6
(future use) 8 9 M Z or narrative code is ldquo081rdquo (foreclosure) this date will reflect the first time that rate status or narrative code was reported
33Equifax Confidential and Proprietary Information
Trade Segment (continued)
ndash Scheduled Payment Amount ndash the contractual amount due for a payment period
ndash Terms Frequency ndash reflects how often the payments are due such as ldquoweeklyrdquo
ndash Closed Date ndash indicates the date the account was closedndash Mortgage Identification Number ndash contains the number assigned to a
mortgage loan that remains constant throughout the life of the loanbull Indicates that the loan is registered with the Mortgage Electronic
Registration Systems the electronic registry for tracking the ownership of mortgage rights
bull Assists with calculation of number of current mortgages on the file
ndash Actual Payment Amount ndash indicates the payment received for a reporting period
34Equifax Confidential and Proprietary Information
Trade Segment (continued)
ndash Purchased FromSold ToOriginal Creditor Indicator ndash denotes if the account was purchased fromsold toor if the following name willindicate original creditorbull Only displayed System-to-System
ndash Purchased FromSold ToOriginal Creditor Name ndashname denotes who the account was either purchased from or sold to or the OriginalCreditorrsquos name ndash if factoring company (debt purchaser) trade
ndash Deferred Payment Start Date ndash contains the date the first payment is due for deferred loans
ndash Balloon Payment Amount ndash contains the amount of the balloon payment
ndash Balloon Payment Due Date ndash contains the date the balloon payment is due
35Equifax Confidential and Proprietary Information
Trade Segment (continued)
ndash Previous High Rate gt Payment History ndash contains the highest ratestatus that occurred on the trade older than the payment history months selected by the customerbull Customer can select up to 48 months of payment history
24 months will contain both positive and negative values 36 and 48 months will contain negative values only
ndash Previous High Date gt Payment History ndash contains the date that the previous high rate occurred older than the payment history selected by the customer
ndash Original Charge-off Amount ndash the amount originally charged to loss by the creditor (regardless of the declining balance)
ndash Creditor Classification ndash the general type of business for the original creditor ndash applicable for factoring company (debt buyers) trade
36Equifax Confidential and Proprietary Information
Trade Segment (continued)
ndash RateStatus ndash new value of ldquo6rdquo that will be used to identify trade collection accountsbull Only in the payment history grid Will continue to represent
in tradeline with a rate 5 and narrative code
ndash Payment History ndash Adding new values of ldquoErdquo (current account and zero balance) ldquo1rdquo (current account) and ldquo6rdquo (collection account) Also displays multiple occurrences of rates 6 8 and 9 when they are reported by the customerbull Available in Metro 2 values (future use)
37Equifax Confidential and Proprietary Information
Inquiriesbull A list of customers who received a copy
of the credit reportbull Inquiries are maintained to comply with
the FCRA requirement that a CRA must disclose to consumers who has procured a copy of their report
InquiriesInquiriesbullbull A list of customers who received a copy A list of customers who received a copy
of the credit reportof the credit reportbullbull Inquiries are maintained to comply with Inquiries are maintained to comply with
the FCRA requirement that a CRA must the FCRA requirement that a CRA must disclose to consumers who has disclose to consumers who has procured a copy of their reportprocured a copy of their report
PUBLIC RECORDS OR OTHER INFORMATION 04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0106 COLL 0305 111YC00000 FOR
AMT $532 BAL $300 PAYMENT DLA 1104 I 654321MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
INQS-SUBJECT SHOWS 3 INQUIRIES SINCE 1005MCCARTERS 111DC000 120505 STAR GEMS 111JA000 081105SKYBANK 111BB0000 111805 FK 111FM0000 PRGCOLL 061505RETAILERS 111DC000 102205
SAMPLE REPORT ACROFILE
38Equifax Confidential and Proprietary Information
SAMPLE REPORT ACROFILE
InquiriesDisplay fieldsbull Customer name (McCarters)bull Customer number (111DC000)bull Date report received (120505)
An ldquoFKrdquo inquiry indicates a customer ordered a FINDERS report to assist them in locating a ldquoskippedrdquo consumer
A standard inquiry may have an impact on credit scores A FINDERS inquiry does not affect credit scores
Both types of inquiries remain on file for 24 months
InquiriesInquiriesDisplay fieldsDisplay fieldsbullbull Customer name (McCarters)Customer name (McCarters)bullbull Customer number (111DC000)Customer number (111DC000)bullbull Date report received (120505)Date report received (120505)
An An ldquoldquoFKFKrdquordquo inquiry indicates a customer inquiry indicates a customer ordered a FINDERS report to assist them ordered a FINDERS report to assist them in locating a in locating a ldquoldquoskippedskippedrdquordquo consumerconsumer
A standard inquiry may have an impact on A standard inquiry may have an impact on credit scores A FINDERS inquiry does credit scores A FINDERS inquiry does not affect credit scoresnot affect credit scores
Both types of inquiries remain on file for Both types of inquiries remain on file for 24 months24 months
PUBLIC RECORDS OR OTHER INFORMATION 04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL
DISMSD CH-705 0106 COLL 0305 111YC00000 FOR
AMT $532 BAL $300 PAYMENT DLA 1104 I 654321MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
INQS-SUBJECT SHOWS 3 INQUIRIES SINCE 1005MCCARTERS 111DC000 120505 STAR GEMS 111JA000 081105SKYBANK 111BB0000 111805 FK 111FM0000 PRGCOLL 061505RETAILERS 111DC000 102205
39Equifax Confidential and Proprietary Information
Current Status of Account CodesCURRENT MANNER OF PAYMENT R O IToo new to rate approved but not used 0 0 0Paid As Agreed Satisfactory Current 1 1 1Pays 31-60 Days Not More Than 2 Payments Past Due 2 2 2Pays 61-90 Days Not More Than 3 Payments Past Due 3 3 3Pays 91-120 Days Not More Than 4 Payments Past 4 4 4Pays Over 120 Days 5 or More Payments Past Due 5 5 5Making Regular Payments Or Paid Under Wage EarnerPlan Or Similar Arrangements
7 7 7
Repossession 8 8 8Charged Off To Bad Debt 9 9 9
O = Open I = Installment
R = Revolving
40Equifax Confidential and Proprietary Information
Code Meaning
I Individual Account The subject of the report and no one else is responsible for payment on this account
J Joint Account The subject and another person (or other persons) are jointly responsible for payment on this account
A Authorized Use This is a shared account but one person has responsibility for payment while the other person (or other persons) does not
U Undesignated This code is an indication that the credit grantor does not have enough information to give the account a more specific designator code
SShared but otherwise undesignated This code is an indication that the credit grantor knows that the subject and at least one other person share the account but not enough information is available to designate the
either J (Joint) or A (Authorized Use)
C Co-maker The subject has co-signed for an installment loan and will be responsible for payment if the borrower should default
M Maker The subject is responsible for payment of an installment loan but a co-maker is involved as assurance that the loan will be repaid
BOn Behalf of Another Person The subject has financial responsibility for an account which is used exclusively by another person as when a father opens a charge account for his daughters use at college
T Terminated The subjects relationship to this account has ended although other parties who once shared the account with the subject may continue to maintain the account This code is used often after a divorce when
party continues to maintain an account while the other party is disassociated from it
ECOA Chart
ECOA Indicator Descriptions
41Equifax Confidential and Proprietary Information
bull Tradelines with favorable data are retained 10 years from the DLA if tradeline indicates a delinquency it will be retained 7 years from the DLA
bull Collection items paid or unpaid are retained 7 years from the DLA with the original credit grantor
bull Bankruptcies -Chapter 7 or 11 will be retained 10 years from the original date filed if open discharged or dismissed Chapter 12 or 13 discharged items are retained 7 years from the original date filed Open or dismissed will be retained 10 years from the original date filed
bull Judgments are retained 7years from the date filed
How long does data stay on file
42Equifax Confidential and Proprietary Information
How long does data stay on file - continued
bull Unpaid tax liens report indefinitely from the date filed Paid tax liens are reported 7years from the paidreleased date
bull Exceptions apply in CA and NY as followsbull CA-Paid liens are retained the earlier of 7 years from
paidreleased date or 10 years from the original filing date Unpaid liens are retained 10 years from the original filing date
bull NY-Satisfied judgments are retained 5Y from date filedbull NY-Paid and unpaid collection items are retained 5Y from
the DLA with the original creditorbull NY-Tradelines with a current status of 9 and balance not
stated or zero will be retained 5Y from the DLA
43Equifax Confidential and Proprietary Information
QuestionsQuestions
How To Read An Equifax Credit Report
Customer Tutorial
Proprietary and Confidential - For Internal Use Only
Important Legal Note
The information in this presentation is not to be relied upon is not intended to be nor should it be used or construed as legal advice Equifax assumes no liability for any errors or omissions in the information in this presentation Compliance with the Fair Credit Reporting Act (FCRA) the Equal Credit Opportunity Act (ECOA) or their respective regulations is the responsibility of each entity to which such laws apply All specific consumer customer and other third party information in this presentation is fictitious
This presentation contains Equifax proprietary and confidential information Do not distribute or copy
Proprietary and Confidential - For Internal Use Only
Information Included in an Equifax
Credit Report
Proprietary and Confidential - For Internal Use Only
Information NOT Included in an Equifax
Credit Report
Proprietary and Confidential - For Internal Use Only
Permissible Purposes Under The FCRA
Proprietary and Confidential - For Internal Use Only
Permissible Purposes under the FCRA Include Without Limitation
Proprietary and Confidential - For Internal Use Only
Equifax Database and Report Names
ACROFILE
ACROFILE PLUS
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
ACROFILE and ACROFILE PLUS both contain
ACROFILE PLUS contains items above plus
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
ADDRESS DISCREPANCY - NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM
ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-238
9412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703
410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 0600
46 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACK
FORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y
01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005
ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333
CELLULAR (11111) 770-444-5555
PAGER (12222) 770-444-5555
DAYTIME (13333) 770-444-5555 EXT-88888
GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Address Discrepancy Indicator Message
The Fair and Accurate Credit Transaction Act (FACTA) obligates consumer reporting agencies (CRAs) to return an address discrepancy indicator where appropriate
If the inquiry address substantially differs from the address(es) on the credit file the following message will display ldquoADDRESS DISCREPANCY ndash A SUBSTANTIAL DIFFERENCE OCCURREDrdquo
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM
ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-238
9412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703
410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 0600
46 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACK
FORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y
01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005
ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333
CELLULAR (11111) 770-444-5555
PAGER (12222) 770-444-5555
DAYTIME (13333) 770-444-5555 EXT-88888
GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Fraud Alerts and
Active Duty Military Alert
The FACTA obligates a CRA to indicate when a consumer has placed an initial or extended fraud alert or active duty military alert on his or her file
INITIAL FRAUD VICTIM
(Alert stays on file for 90 days)
EXTENDED FRAUD VICTIM
(Alert stays on file for 7 years)
ACTIVE DUTY MILITARY
(Alert stays on file for 12 months)
When an Initial or Extended Fraud Victim alert or an Active Duty Military alert is added to the file the consumer may provide contact information to the CRA which must then include such information in the report
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM
ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-238
9412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703
410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 0600
46 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACK
FORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y
01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005
ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333
CELLULAR (11111) 770-444-5555
PAGER (12222) 770-444-5555
DAYTIME (13333) 770-444-5555 EXT-88888
GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Consumer Referral Message
Credit reporting agency address and telephone number for consumer contact
The FCRA mandates that CRA contact information be provided on adverse action or declination letters when the decision is based on the credit report
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
ADDRESS DISCREPANCY ndash NO SUBSTANTIAL DIFFERENCE
EXTENDED FRAUD VICTIM
ACTIVE MILITARY
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-238
9412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703
410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 0600
46 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACK
FORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y
01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005
ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333
CELLULAR (11111) 770-444-5555
PAGER (12222) 770-444-5555
DAYTIME (13333) 770-444-5555 EXT-88888
GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
Identification
Assists with verifying consumer information
Includes
(1) Creditors may report age instead of birth date to protect the consumerrsquos privacy
(2) An optional service that reports if Social Security Number has been verified through major Equifax reporting customers Verification is not through the Social Security Administration
Proprietary and Confidential - For Internal Use Only
Name Segment
Last Name ndash expanded from 25 to 51 positions
First Name ndash expanded from 15 to 25 positions
Middle Name ndash expanded from 15 to 25 positions
Allows Equifax to provide longer names in keeping with the current international practices
Enhances quality and accuracy
Enhances the file search process (future enhancement)
Proprietary and Confidential - For Internal Use Only
New Segments
Date Reported ndash the date the OS segment was applied to the file
Type Code Field ndash Denotes the type of data that resides in the Other Identification Number field such as
C = SIN S = SSN and T = Tax ID
Other Identification Number such as Tax ID number
Reason codes to explain the type of ID added to the file
Tax ID
Minor Child SSN
Social Insurance Number (Canada)
Assists in ID verification and fraud detectionprevention
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
001 Equifax Information Services
P O BOX 740241 ATLANTA GA 30374-0241 800 685-1111
CONSUMER JOHN Q JR SINCE 031081 FAD 122805 FN-238
9412 MAIN STATLANTA GA 30302 TAPE RPT 0703
TELEPHONE (404) 555-1212 CRT RPTD 0703
410 ORANGE GROVE DR SAN JOSE CA 95119 CRT RPT 0600
46 KENNEDY DR DETROIT MI DAT RPT 0399
ALSO KNOWN AS - CCONSUMER JACK
FORMER NAME - CONSUMER QUINCY
BDS-03031961 SSN 900-00-0000 SSN VER Y
01 ALERT CONTACT - MILITARY RPTD- 07222005 EFFECT 07042005
ADDRESS ndash 4000011 MAIN ST APARTMENT 50 TULSA OK 33333
CELLULAR (11111) 770-444-5555
PAGER (12222) 770-444-5555
DAYTIME (13333) 770-444-5555 EXT-88888
GEN INFO THIS FIELD IS FOR ADDITIONAL INFORMATION SUCH AS AN E-MAIL ADDRESS
01ES- ENGINEER ACME MFG ATLANTA GA 0600
02EF- ENGINEER CENTRAL POWER SAN JOSE CA
03 E2- ENGINEER MAJOR MOTORSDETROITMI
Employment
Displays up to three employers (current and two previous) May include the following information (to the extent available)
Employment is listed by line number as follows
Line 01 = current employer (ES)
Line 02 = former employer (EF)
Line 03 = second former employer (E2)
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
01ES- ENGINEER ACME MFG ATLANTA GA 0600
02EF- ENGINEER CENTRAL POWER SAN JOSE CA
03 E2- ENGINEER MAJOR MOTORSDETROITMI
SUM- 0782-0106 PROI-YES FB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321
MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
07 1105 LIEN 111VF000 1234567 $580VF12050106
Summary of File Items
Snapshot of credit information found in the file and includes
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE PLUS
01ES- ENGINEER ACME MFG ATLANTA GA 0600
02EF- ENGINEER CENTRAL POWER SAN JOSE CA
03 E2- ENGINEER MAJOR MOTORSDETROITMI
SUM- 0782-0106 PROI-YES COLL-YES FB-NO ACCTS7 HC$450-160K
4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
06 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS
LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL
0302 0106 $532 0102 111YC00000 PAYMENT
$300 I 654321
MEDICAL
Historical Delinquency
Is added to the summary line and reflects the highest delinquency rating in either the maximum delinquency or 24-month history for each trade line
Inquiry Alert
When 3 or more inquiries are present within a 90 day period an alert message will display
Public Record Display
ACROFILE PLUS groups public records in a separate section from collections
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
SUM- 0782-0106 PROI-YES FB-NO ACCTS7 HC$450-160K 4-ONES 1-TWO 1-FIVE 1 -OTHER
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321
MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 01006 SATISFIED 0803
07 1105 LIEN 111VF000 1234567 $580VF12050106
Public Records
Information collected from city state and federal courthouses by third-party vendors Once retrieved this information is incorporated into the body of the credit file and may include
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE PLUS
SUM- 0782-0106 PROI-YES COLL-YESFB-NO ACCTS7 HC$450-160K
4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
06 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS
LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL
0302 0106 $532 0102 111YC00000 PAYMENT
$300 I 654321
MEDICAL
Public Records Displayed in the ACROFILE PLUS format
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
06 1105 LIEN 111VF000 1234567 $580 VF 1205 0106
Bankruptcy
Dismissed (DISMSD) indicates the bankruptcy was not accepted by the court and discharged (DSCHGD) indicates the bankruptcy was granted
Chapter 7 is a straight bankruptcy with the debtors assets distributed to the creditors and Chapter 13 (Wage Earner Plan) is a court-arranged payment plan
Proprietary and Confidential - For Internal Use Only
Bankruptcy Segment
Prior IntentDisposition Code ndash contains a code that indicates the status of the bankruptcies prior to that in the Current IntentDisposition Code field
Added to address customer needs to track bankruptcies that move from one type of filing to another (ex Chapter 13 to a Chapter 7)
Current Disposition Date ndash contains the date of the final status of the case (previously stored in the case number field)
Added to create a specific field for this information Assists in model development
Proprietary and Confidential - For Internal Use Only
Bankruptcy Segment contrsquod
Verified Date ndash contains the date that the information contained in the bankruptcy was verified manually (previously stored in the case number field)
Added to create a specific field for this information
Date Reported ndash The date the bankruptcy was reported to Equifax
Currently only Date Filed is provided
Enhances file quality
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE amp ACROFILE PLUS
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
06 1105 LIEN 111VF000 1234567 $580 VF 1205 0106
Abstract of Judgment
Lien
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111FV000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0106 COLL 0305 111YC00000 FOR
AMT$532 BAL$300 PAYMENT DLA1104 I654321
MEDICAL
06 0106 COLL 0604 111YC01243 ABC COLL FOR METRO TELE
AMT $58 BAL$0 PAID DLA 0504 I 51150
07 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
08 1105 LIEN 111VF000 1234567 $580VF12050106
Collections
Accounts placed with third party collection agencies are found in this section of the ACROFILE format Collection items include
NOTE The FCRA prohibits the original creditor from being disclosed on medical debts
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE PLUS
SUM- 0782-0106 PROI-YES COLL-YESFB-NO ACCTS7 HC$450-160K
4-ONES 1-TWO 1-FIVE 1 -OTHER HIST DEL - 1-THREE 1-FOUR
INQUIRY ALERT - SUBJECT SHOWS 3 INQUIRIES SINCE 1005
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111FV000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA VER 0106 SATISFIED 0803
06 1105 LIEN 111VF000 1234567 $580VF12050106
COLLECTION ITEMS
LIST RPTD AMTBAL DLAECOA AGENCYCLIENT STATUSSERIAL
0305 0106 $532 0104 111YC00000 PAYMENT
$300 I 654321
MEDICAL
Collection
Proprietary and Confidential - For Internal Use Only
Collection Segment 60
Creditor Classification ndash indicates the type of business of the original creditor
Added to assist in identifying type of collections
Only reported if a Third Party Collection agency supplies the information (It is not required)
Last Payment Date ndash captures the last date a collection payment was received
Shows the date the consumer last made a payment on the account
Date of 1st Delinquency (previously the date of last activity) ndash indicates the date of first delinquency as reported by the original creditor
Added to reflect currently reported values
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBER
SKY BANK 111BB0000 0106 1105 2500 20 650 R1 02 J 86911
DLA 0106
RETAILERS 111DC00 1205 1099 1478 30 903 155 R5 23 J 81711
30(03) 60(01) 90+(01) 1105-R41005-R30905-R2 DLA 0705
ACCOUNT CLOSED BY CREDIT GRANTOR
HOMES 111FM000 1205 0900 160K 1350 156K I2 63 I 85611
TOWNCU 111FC000 1004 0899 LOST OR STOLEN CARD 24511
amp
END OF REPORT EQUIFAX AND AFFILIATES - 010406
Tradelines
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBER
SKY BANK 111BB0000 0106 1105 2500 20 650 R1 02 J 86911
DLA 0106
RETAILERS 111DC00 1205 1099 1478 30 903 155 R5 23 J 81711
30(03) 60(01) 90+(01) 1105-R41005-R30905-R2 DLA 0705
ACCOUNT CLOSED BY CREDIT GRANTOR
HOMES 111FM000 1205 0900 160K 1350 156K I2 63 I 85611
TOWNCU 111FC000 1004 0899 LOST OR STOLEN CARD 24511
amp
END OF REPORT EQUIFAX AND AFFILIATES - 010406
Tradelines (continued)
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE PLUS
FIRM IDENT CODE CS RPTD LIMIT HICR BAL $ DLA MR (30-60-90+)MAXDEL
ECOAACCT NUMBER OPND PDUE TERM 24 MONTH HISTORY
-------------------------------------------------------------------------------------------------------------------------------------
SKY BANK 111BB0000 R1 0106 - - - 2500 650 0106 02
J86934 1105 - - - 20
TOWNCU 111FC000 R1 0106 - - - 5000 4500 0106 99
I27043 0799 - - - 135
RETAILERS 111DC00 R5 1205 - - - 1478 903 0705 23 (03-01-01) 0803-R4
J81750 1099 155 30 43222
ACCOUNT CLOSED BY CREDIT GRANTOR
REVOLVING TOTALS - - - 8978 6053
155 185
----------------------------------------------------------------------------------------------------------------------
TRAVELCLUB111ON000 O1 0904 - - - 450 123 0904 08
J75250 0195 - - - 123
OPEN TOTALS - - - 450 123
- - - 123
----------------------------------------------------------------------------------------------------------------------
Display Tradeline
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE PLUS
FIRM IDENT CODE CS RPTD LIMIT HICR BAL $ DLA MR (30-60-90+)MAXDEL
ECOAACCT NUMBER OPND PDUE TERM 24 MONTH HISTORY
----------------------------------------------------------------------------------------------------------------------------------------
RETAILERS 111DC00 R5 1205 ----- 1478 903 0705 23 (03-01-01) 0803-R4
J81711 1099 155 30 43222
How to Read a 24-month History
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT Codes for ACROFILE and
ACROFILE PLUS
FIRMID CODE RPTD OPND HC TRM BAL PD CS MR ECOA ACCOUNT NUMBER
SKY BANK 111BB0000 0106 0701 2500 20 650 R1 02 J 86911
DLA 0106
RETAILERS 111DC00 1205 1099 1478 30 903 R5 23 J 81711
30(03) 60(01) 90+(01) 0701-R40601-R30501-R2 DLA 0705
ACCOUNT CLOSED BY CREDIT GRANTOR
TOWNCU 111FC000 1004 0782 LOST OR STOLEN CARD 24511
amp
END OF REPORT EQUIFAX AND AFFILIATES - 010406
Narrative Codes
Creditors can further describe information about an account by including a narrative code via their monthly reporting Currently there are 253 narrative codes from which to choose Example Account Closed By Credit Grantor
Status Codes
Creditors can prevent a tradeline from being updated so the consumer is not penalized due to extenuating circumstances such as when a credit card is lost or stolen or the consumer is deceased These codes are displayed overlaying the tradeline information Example Lost or Stolen Card
Date File Accessed
Displays the date the credit report was accessed by the customer (is also the inquiry date that posts to the consumerrsquos file) Also serves as a notification to the customer that transmission of the report is now complete
Proprietary and Confidential - For Internal Use Only
Trade Segment
Credit Limit ndash separate field that was previously stored in the high credit field with accompanying narrative
Activity Designator ndash indicates the final status of the account such as ldquoclosedrdquo ldquopaidrdquo ldquorefinancedrdquo etc
Account Type ndash indicates the type of account such as ldquoautordquo ldquosecuredrdquo etc Previously denoted with narrative code
Last Payment Date ndash date of most recent payment
Date Major Delinquency 1st Reported ndash if the current ratestatus is 6 (future use) 8 9 M Z or narrative code is ldquo081rdquo (foreclosure) this date will reflect the first time that rate status or narrative code was reported
Proprietary and Confidential - For Internal Use Only
Trade Segment (continued)
Scheduled Payment Amount ndash the contractual amount due for a payment period
Terms Frequency ndash reflects how often the payments are due such as ldquoweeklyrdquo
Closed Date ndash indicates the date the account was closed
Mortgage Identification Number ndash contains the number assigned to a mortgage loan that remains constant throughout the life of the loan
Indicates that the loan is registered with the Mortgage Electronic Registration Systems the electronic registry for tracking the ownership of mortgage rights
Assists with calculation of number of current mortgages on the file
Actual Payment Amount ndash indicates the payment received for a reporting period
Proprietary and Confidential - For Internal Use Only
Trade Segment (continued)
Purchased FromSold ToOriginal Creditor Indicator ndash denotes if the account was purchased fromsold toor if the following name will indicate original creditor
Only displayed System-to-System
Purchased FromSold ToOriginal Creditor Name ndashname denotes who the account was either purchased from or sold to or the Original Creditorrsquos name ndash if factoring company (debt purchaser) trade
Deferred Payment Start Date ndash contains the date the first payment is due for deferred loans
Balloon Payment Amount ndash contains the amount of the balloon payment
Balloon Payment Due Date ndash contains the date the balloon payment is due
Proprietary and Confidential - For Internal Use Only
Trade Segment (continued)
Previous High Rate gt Payment History ndash contains the highest ratestatus that occurred on the trade older than the payment history months selected by the customer
Customer can select up to 48 months of payment history 24 months will contain both positive and negative values 36 and 48 months will contain negative values only
Previous High Date gt Payment History ndash contains the date that the previous high rate occurred older than the payment history selected by the customer
Original Charge-off Amount ndash the amount originally charged to loss by the creditor (regardless of the declining balance)
Creditor Classification ndash the general type of business for the original creditor ndash applicable for factoring company (debt buyers) trade
Proprietary and Confidential - For Internal Use Only
Trade Segment (continued)
RateStatus ndash new value of ldquo6rdquo that will be used to identify trade collection accounts
Only in the payment history grid Will continue to represent in tradeline with a rate 5 and narrative code
Payment History ndash Adding new values of ldquoErdquo (current account and zero balance) ldquo1rdquo (current account) and ldquo6rdquo (collection account) Also displays multiple occurrences of rates 6 8 and 9 when they are reported by the customer
Available in Metro 2 values (future use)
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
Inquiries
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0106 COLL 0305 111YC00000 FOR
AMT $532 BAL $300 PAYMENT DLA 1104 I 654321
MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA
VER 0106 SATISFIED 0803
INQS-SUBJECT SHOWS 3 INQUIRIES SINCE 1005
MCCARTERS 111DC000 120505 STAR GEMS 111JA000 081105
SKYBANK 111BB0000 111805 FK 111FM0000 PRGCOLL 061505
RETAILERS 111DC000 102205
Proprietary and Confidential - For Internal Use Only
SAMPLE REPORT ACROFILE
Inquiries
Display fields
An ldquoFKrdquo inquiry indicates a customer ordered a FINDERS report to assist them in locating a ldquoskippedrdquo consumer
A standard inquiry may have an impact on credit scores A FINDERS inquiry does not affect credit scores
Both types of inquiries remain on file for 24 months
PUBLIC RECORDS OR OTHER INFORMATION
04 0703 BKRPT 111VF000 12345678-DSP-0903 INDIVD PERSONAL DISMSD CH-7
05 0106 COLL 0305 111YC00000 FOR
AMT $532 BAL $300 PAYMENT DLA 1104 I 654321
MEDICAL
06 0503 ST JD 111VF000 $500 DEF-SUBJECT 12345 ANY BANK USA
VER 0106 SATISFIED 0803
INQS-SUBJECT SHOWS 3 INQUIRIES SINCE 1005
MCCARTERS 111DC000 120505 STAR GEMS 111JA000 081105
SKYBANK 111BB0000 111805 FK 111FM0000 PRGCOLL 061505
RETAILERS 111DC000 102205
Proprietary and Confidential - For Internal Use Only
Current Status of Account Codes
Proprietary and Confidential - For Internal Use Only
ECOA Indicator Descriptions
Proprietary and Confidential - For Internal Use Only
How long does data stay on file
Proprietary and Confidential - For Internal Use Only
How long does data stay on file - continued