Field 10RequiredAccount Information

    Metro 2 Field 10: ECOA Code

    Equal Credit Opportunity Act code indicating the consumer's relationship to the account. Determines responsibility and how account appears on credit report.

    Quick Reference

    Field Number:10
    Position:63-63
    Length:1 characters
    Type:code
    Record:Base Segment
    Required:Yes

    Allowed Values

    ValueMeaning
    1Individual (sole responsibility)
    2Joint contractual liability
    3Authorized user
    5Co-maker
    7Maker (business account with personal guarantee)
    TTerminated
    WBusiness/Commercial
    XDeceased
    ZDelete consumer from account

    Validation Rules

    • Must be valid ECOA code
    • Joint accounts require J1/J2 segments
    • Cannot change from individual to joint without proper process

    Examples

    123

    Common Errors

    • Using '2' without J1 segment for second consumer
    • Using '1' for married couples on joint account

    Tips & Best Practices

    • '1' = individual account, single consumer responsible
    • '2' = joint account, both consumers equally responsible
    • '3' = authorized user, can use but not responsible

    Related Fields

    4
    Consumer Account Number
    The unique account identifier assigned by the data furnisher...

    Other Account Information

    17AAccount Status27Terms Duration28Terms Frequency15Account Type14Portfolio Type34Consumer Transaction Type

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