Credit Bureau Reporting Information (Loans)

Indicates whether or not the loan is reported to the credit bureau(s).

• If this loan account represents a credit card in collections, this flag should NOT be checked. Since the credit card balance also resides at your credit card processor, this avoids duplicate trade lines from being reported on the member's credit bureau report.

• This flag should be left unchecked if this member or any of his co-signers do not have valid SSNs, or if there are duplicate SSNs for any of the co-signers. Invalid SSNs may cause the credit bureau to reject the entire tape of loan information (for all online credit unions). Refer to t Standards for Social Security Numbers for details.

These two 1-character fields are used for Credit Bureau reporting purposes. Click the look up button to choose from a list of valid codes.

If you wish to enter a 2-character code, enter the first letter into the first field, and the second letter into the second field.

Click here for a list of valid codes.

This is used to report the status of the loan account as it relates to credit bureau reporting. Click the look up button to choose from a list of valid codes.

If this field is left blank (00) and the account is delinquent, CBX will determine the appropriate numeric credit bureau code (71 through 84) to be reported. However, if you wish to override the code calculated by CBX, you may enter a valid status code here and it will be reported instead.

Click here for a list of valid codes.

Use this to report the member's bankruptcy status, or to change/remove a previously-reported bankruptcy status. Click the look up button to choose from a list of valid codes.

Click here for a complete list of codes.

This indicator is a little different from the others. You only need to report a bankruptcy indicator once. But if you wish to remove a previously-reported bankruptcy status for a member, you must enter one of the designated removal codes. Leaving the field blank does NOT remove a previously-reported bankruptcy code.

Use this code when reporting consumer disputes and other conditions it compliance with the Fair Credit Reporting Act (FCRA).