Equifax Credit Report Format
Equifax format credit reports in the standard Acrofile Plus layout for
Equifax can be provided for easy integration into your application.
Alternatively, the MERit Credit Engine provides credit report data in database
tables or as XML, so it is possible to create your own custom-design report
The Merit Credit Engine uses the Equifax Internet System to System web
interface to access STS 6.0 or System 5 fixed-format data, from which it
generates the human readable report. The Merit credit API
documentation shows how you can also request that Equifax generate human
readable text reports as part of its response. With either approach, it is an easy matter for software developers to pass the report text directly to the end-user for viewing or printing, as illustrated below.
Inquiry Data Shows the data used for the request. It identifies the
consumer name, current address, former address and employment (if provided,) and
social security number.
2. Report Header
Appears at the top of reports to identify the operator, the user reference (if
provided) and relevant dates and times.
3. Risk Models One or
more credit scores may appear here, along with reason codes. This example shows
a BEACON score.
4. Safescan Alerts
Possible fraud indicators, such as an SSN used with other names or reported as
5. OFAC Alert
provides a record of the check against the Office of Foreign Assets Control
database for USA PATRIOT Act compliance.
6. Consumer referral
address shows the credit bureau phone number and address to be provided to
the consumer if credit is declined.
Identification shows the full name that Equifax has on file. SINCE
indicates the date the file was established, FAD is the date the file was last
updated, FN is the Equifax internal file number.
8. Addresses (Current
and Former) with dates reported.
9. BDS / Social Security
Number Birth date of the subject and one or more Social Security numbers
associated with this consumer.
10. Employment Up to
four lines showing recent employers (as known to Equifax.)
11. Profile Summary
is a quick overview of the rest of the report. SUM - The date range
covered. PR/OI - Existence of public records or other information. (Yes
or No.) COLL - Existence of collection items. (Yes or No.)
FB - Foreign bureau accounts (how many.) ACCTS - Accounts (how many.)
HC - Range of lowest credit limit to highest reported credit limit or
ONES, TWOS. - How many R1, R2 derogatory trade items.
12. Inquiry Alert -
Warns of possibly excessive recent applications for credit.
13. Public Records -
May include docket number and dollar amounts from garnishments, bankruptcies,
judgments, and other court records. See table below.
||FIRM - The lender
||IDENT CODE - The lender's member number
with Equifax, including a two-letter industry code. For example, AU
designates used automobile dealer.
||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
||ECOA - Equal Credit Opportunity Act code: I for
individual, J for joint. See table below.
||Account Number - Number assigned to the account by the
lender, such as a credit card number. Some digits may be masked or
||RPTD, OPND Month and year this item was
last reported and originally opened.
||LIMIT, P/DUE - Credit limit for revolving
accounts (if reported) and the current amount past due.
||HICR, TERM - High credit - The highest
the balance has been, and the term in months.
||BAL$ - Balance currently owed.
||DLA Date of Last Access (date reported)
||MR Months reviewed.
|| (30-60-90+) Number of 30-, 60-, & 90-day
||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.
||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.)
15. INQS - Company
name, Equifax member number and dates of recent credit inquiries. Normally
indicates where else the subject has applied for credit.
16. Online Directory -
If ordered, telephone numbers and addresses of the subject's creditors can be
listed to assist in skip-tracing, etc.
Alert, if requested, provides a record of the check against the Office of
Foreign Assets Control database for USA PATRIOT Act compliance.
Consumer's Statement (if present) is the subject's side of the story
for items that may have been unsuccessfully disputed, or the consumer's
explanation for late payments and other derogatory items. A fraud victim
alert may have also been included at request of the consumer.
CONSUMER STATEMENT RPTD 12/02 PURGE 12/08
#HK# ID FRAUD VICTIM ALERT: MY IDENTITY MAY HAVE BEEN USED WITHOU MY CONSENT
TO FRAUDULENTLY OBTAIN GOODS OR SERVICES FRAUDULENT APPLICATIONS MAY BE
SUBMITTED IN MY NAME USING CORRECT PERSONAL INFORMATION DO NOT EXTEND CREDIT
WITHOUT FIRST CONTACTING ME PERSONALLY AND VERIFYING ALL APPLICANT
INFORMATION AT 777-777-7777 DAY OR 888-888-8888 EVENING
Public Record Codes
||Abstract Judgment (foreclosure, etc.).
||Paid collection ($50 and up)
||Financial statement filed
||Satisfied judgment (foreclosure, etc.).
||Unpaid collection ($50 and up)
||Martial items (divorce, etc.)
||Wage earner plan
Equifax Trade Check Rating Codes
(30, 60, or 90-day
||Too new to rate
||Pays account as agreed
||Not more than two payments past due
||Not more than three payments past due
||Not more than four payments past due
||More than 120 days or four payments past due
||Making regular payments under WEP.
||Bad debt; placed for collection
||Account is inactive
||Lost or stolen card
||Contact member for status
||Refinanced or renewed
||In financial counseling
||Foreclosure process started
||In WEP of other party
||Included in Chapter 13
||Authorized User - This individual is an authorized
user of this account; another individual has contractual
||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.
||Individual - This individual has contractual
responsibility for this account and is primarily responsible for
||Maker (signer) - This individual is responsible for
this account, which is guaranteed by a Co-maker (cosigner)
||Shared Account - This individual participates in this
account. The association cannot be distinguished between ECOA I
||coSigner - This individual has guaranteed this
account and assumes responsibility should signer default
||Terminated - Account is terminated
||Undesignated - This is reported by the Bureau only
||Deceased - the subject is on record as being dead.
The information bands on the credit report may vary, depending on which Equifax
products or add-on options you've chosen, and your bureau settings.
Product and company names mentioned herein are the property of their respective owners.
You must have account(s) and valid log-in credentials with whichever credit reporting agencies
you intend to access with the Merit Credit Engine software. Merit Credit Systems is a software
provider only, is not affiliated with any credit bureau, and does not act as a provider,
pass-through, or reseller of consumer credit reports.