Base Segment ErrorsCritical

    B004Invalid ECOA Code

    The ECOA code is not valid for this account type

    Affected Field
    #9ECOA Code

    Description

    The ECOA (Equal Credit Opportunity Act) Code indicates the type of participation on the account. Valid codes are 1-7 for individuals and joint accounts, and specific codes for authorized users and business accounts. The code must be appropriate for the account type and consumer relationship.

    Common Causes

    • Incorrect code for account type
    • Using deprecated ECOA codes
    • Not updating code when account changes
    • Misunderstanding of ECOA requirements

    How to Fix

    1. 1Use the correct ECOA code for the consumer's relationship
    2. 2Update code when ownership or relationship changes
    3. 3Refer to ECOA code definitions in Metro 2 guide

    Examples

    Invalid
    0
    Valid
    1
    0 is not a valid ECOA code; 1 indicates individual account

    More Base Segment Errors

    B001
    Missing Account Number
    B002
    Invalid Account Status
    B003
    Status and Payment Rating Mismatch
    B005
    Missing SSN or Date of Birth
    B006
    Invalid Date Format
    B007
    Future Date Account Opened

    Catch Errors Before Submission

    Metro2 software validates every field and catches errors like B004 before you submit to the credit bureaus.

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