Credit Reporting > Credit Reporting Screen > Credit Reporting & Loan Information tab

Entry: User, list box

F/M: Yes

Mnemonic: BUCBRS

Screen: Loans > Credit Reporting > Credit Reporting & Loan Information tab

The Credit Bureau account status is determined by the status criteria discussed. (See Credit Bureau Status (Account Status).) File maintenance writes to loan history. Account statuses are as follows:

5*	Account transferred to another office

11	Account current

13*	Paid or closed account/zero balance

61	Paid in full—was a voluntary surrender

62	Paid in full—was a collection account

63	Paid in full—was a repossession

64	Paid in full—was a charge off

65*	Paid in full—foreclosure was started

71	30 days past due

78	60 days past due

80	90 days past due

82	120 days past due

83	150 days past due

84	180 days or more past due

88*	Claim filed with government for insured portion

89*	Deed in lieu of foreclosure

93	Account assigned to collections

94*	Foreclosure completed

95*	Voluntary surrender

96	Repossession—may have a balance due

97	Charged off. Once a charged-off account is paid off, the status changes to 64.

DA	Delete account. The system automatically applies this status to loans that are retracted (LNCLSD = Y and LNRNST = Y)

*If the status is 5, 13, 65, 88, 89, 94, or 95, then a Payment Rating should also be reported.

For closed accounts (account status codes 13, 61-65), the account is only reported as closed the first month after the account is closed. It is not reported any subsequent months following that.