Credit Repair
Credit Report Codes |
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Equifax (EQ) |
Model FICO
Classic V5 Facta |
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CODE # | EXPLANATION | |||
1 |
Amount owed on accounts is too high |
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2 |
Level of delinquency on accounts |
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3 |
Proportion of loan balances to loan amounts is too high |
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4 |
Lack of recent installment loan information |
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5 |
Too many accounts with balances |
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6 |
Too many consumer finance company accounts |
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8 |
Too many inquiries last 12 months |
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9 |
Too many accounts recently opened |
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10 (EQ/TU) |
Proportion of balances to credit limits is too high on bank revolving or other revolving accounts |
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10 (EXP.) |
Proportion of balance to high credit on bank revolving or all revolving accounts |
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11 |
Amount owed on revolving accounts is too high |
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12 |
Length of time revolving accounts have been established |
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13 |
Time since delinquency is too recent or unknown |
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14 |
Length of time accounts have been established |
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15 |
Lack of recent bank revolving information |
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16 |
Lack of recent revolving account information |
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18 |
Number of accounts with delinquency |
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19 | Too few accounts currently paid as agree | ||||
20 (EQ/TU) | Length of time since derogatory public record or collection is too short | ||||
20 (EXP.) | Time since derogatory public record or collection is too short | ||||
21 | Amount past due on accounts | ||||
23 | Number of bank or national revolving accounts with balances | ||||
24 | No recent revolving balances | ||||
28 | Number of established accounts | ||||
29 | No recent bankcard balances | ||||
30 | Time since most recent account opening is too short | ||||
32 | Lack of recent installment loan information | ||||
33 | Proportion of loan balances to loan amounts is too high | ||||
34 | Amount owed on delinquent accounts | ||||
38 (EQ) | Serious delinquency, and derogatory public record or collection filed | ||||
38 (EXP./TU) | Serious delinquency, and public record or collection filed | ||||
39 | Serious delinquency | ||||
40 | Derogatory public record or collection filed | ||||
9002 (EXP.) |
The profile report does not contain any tradeline which
satisfies both of the following: status date within the last six (6) months or a balance within the last six (6) months. Does not contain disputed information |
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9003 (EXP.) | The profile report does not contain any tradelines that have been open for at least six (6) months | ||||
FA (EQ) |
Number of inquiries adversely affected the score, but not significantly | ||||
FA (TU) |
Derogatory information was found on the file, and inquiries impacted the credit score |
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FA (TU) | Inquiries impacted the credit score | ||||
N (EQ) |
Beacon not available, insufficient or unknown account history | ||||
O (EQ) |
Beacon not available, no recently reported account information | ||||
SC3 (TU) |
File not scored because subject does not have sufficient credit | ||||
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