What is ECOA code on credit report?
What is ECOA code on credit report? ECOA - The Equal Credit Opportunity Act (ECOA) code indicates who is responsible for repayment of the debt. This code is used to identify the responsible party for public records, inquiries and alerts as well as tradelines. What do the codes mean on a credit report? Credit Report Rating CodesInstallment Account (fixed number of paymentsRevolving or Option Account (Open-ended)MeaningI9R9Bad debt; placed for collectionIARAAccount is inactiveIBRBLost or stolen cardICRCContact member for status What does ECOA Code J mean? Joint Account J – Joint Account Both you and your husband/wife are contractually liable for joint...