Account Type Codes
Auto Lease Refer to Frequently Asked Question 34 for guidelines specific to terminated leases.
Business Credit Card Individual has primary responsibility.
Business Line Personally Guaranteed
Business Loan Individual is personally liable.
Charge Account Used by the Retail Industry.
Combined Credit Plan Represents two credit plans being reported as one account. Example: Visa and MasterCard on one bill.
Commercial Installment Loan Individual is personally liable; company is guarantor.
Commercial Line of Credit Individual is personally liable; company is guarantor.
Commercial Mortgage Loan Terms Duration in years. Individual is personally liable; company is guarantor.
Conventional Real Estate Mortgage - including Purchase Money First Terms Duration in years. Purchase Money First means that the proceeds of the loan are used to buy the property. This is a mortgage account that is not guaranteed by a government agency.
Credit Card (continued)
Credit Line Secured
Debit Card To be used when debit card is backed by a line of credit or overdraft protection. Refer to Frequently Asked Question 26 for guidelines specific to debit cards.
Debt Consolidation Represents multiple loans which have been consolidated into one loan.
Debt Purchaser (a/k/a Factoring Company)
Deposit Related Overdrawn account.
Farmers Home Administration (FmHA) Real Estate Mortgage Loan Terms Duration in years.
Federal Housing Administration (FHA) Home Improvement Loan
Federal Housing Administration (FHA) Real Estate Mortgage Loan Terms Duration in years.
Flexible Spending Credit Card Credit card that combines the attributes of both revolving and open accounts. Refer to Frequently Asked Question 45 for reporting guidelines.
Government Employee Advance
Government Fee for Services
Government Secured Direct Loan
Government Secured Guaranteed Loan
Government Unsecured Direct Loan
Government Unsecured Guaranteed Loan
Home Equity Installment payments.
Home Equity Line of Credit
Installment Sales Contract Used by the Retail Industry.
Line of Credit Includes Check Credit
Real Estate - Junior Liens and Non-Purchase Money First Terms Duration in years. Junior Liens means that a person has a mortgage on property already and needs more money without paying off existing loan; a refinanced loan with a change in terms — second mortgage, third or more. Non- Purchase Money First means that the proceeds of the loan are not used directly for the property. This is a real estate account type.
Real estate, specific type unknown Terms Duration in years. Report specific real estate type codes, when known. Refer to codes
Returned Check Reported by Collection Agencies, Debt Purchasers and Check Guarantee companies when a check was returned to the payee for non-payment usually due to insufficient funds. Refer to Frequently Asked Question 16 for reporting requirements.
Second Mortgage Terms Duration in years.
Secured Used for Installment Contracts.
Secured by Household Goods
Secured by Household Goods and Other Collateral
Secured Credit Card Deposited funds are available in the event of default.
Secured Home Improvement
0A Time Share Loan A purchased time share.
Utility Company 25 Veteran’s Administration (VA) Real Estate Mortgage Loan Terms Duration in years.