What Do the Abbreviations on My Credit Report Mean?

LaToya Irby is a credit expert who has been covering credit and debt management for The Balance for more than a dozen years. She's been quoted in USA Today, The Chicago Tribune, and the Associated Press, and her work has been cited in several books.

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a variety of companies in the health care, banking, and accounting industries.

Checking your credit report regularly is important so that you know it includes the right information—and nothing else. As you're reading through your credit report, though, you may notice an alphabet soup of abbreviations that can make it feel like you're reading another language or a secret code.

These abbreviations are typically shortened creditor names, industry acronyms, account types, and statuses. Becoming familiar with some of the most common credit report abbreviations can help you determine whether you need to take action to correct errors.

What Is a Credit Report and How Do I Access Mine?

Institutions that have issued you credit cards and loans send regular updates about your accounts to credit bureaus, also known as credit reporting agencies. Credit bureaus collect all the data and combine it into a single file, known as your credit report. When you apply for new credit, the financial institution pulls your credit report to determine whether you meet the qualifications.

To quickly figure out the likelihood that you'll repay a loan on time, creditors may instead use your credit score, a three-digit numerical summary of your credit report information at a given point in time.

It's important to check your credit report periodically to make sure the information it contains is accurate, complete, and within the allowed reporting time limit. You can access your credit report online from any of the credit bureaus, but there may be a fee. You're also entitled to a free credit report each year from the major credit bureaus.

Note

You can get one free credit report per week from Equifax, TransUnion, and Experian through December 2023 at AnnualCreditReport.com.

As you read through your credit report, reference this guide to better understand some of the abbreviations you see. Different credit bureaus and credit report providers may use slightly different codes, and some codes may only appear on the reports issued to lenders. We’ll clarify as much as possible.

1FBUSA: 1st Financial Bank USA

1st Financial Bank USA provides credit cards and loans. This code may appear on your credit report if you have or had a credit or loan product from this bank.

C or CLS: Closed

This code indicates an account that is no longer open for new activity. Experian uses the status “CLS,” while TransUnion uses “C.”

C or F: Collection

“Collection” indicates an account that has been placed with a third-party collection agency for further collection efforts. TransUnion also uses the code “F” when an asset has been repossessed by the lender.

C1: Line of Credit, Paid as Agreed

C1 indicates a line of credit that has been paid as agreed. The "C" is an abbreviation for a line of credit and the "1" indicates the manner of payment, paid according to the agreement.

CLS: Credit Line Secured

When it appears in the "Purpose Type of Account" area of your Experian credit report, this code stands for “credit line secured.”

CO: Charge-Off

A charge-off code indicates an account was more than 180 days past due, was written off as a loss, and is closed to future purchases. It can hurt your credit, so it’s a good idea to take steps to remedy the situation.

D: Defaulted on Contract

This status indicates you did not fulfill the requirements of the contract, such as falling behind on payments.

DEL: Delinquency

Indicates a delinquency, or an account that is past due by 30 or more days. DEL may be followed by 30, 60, 90, or 120+ to indicate the number of days past due. This code may less commonly appear as DELINQ.

DLA: Date of Last Activity

This is the date of the most recent activity on your account, such as a payment or purchase. It may occasionally appear as “LACT,” or “last activity.”

ECOA: Equal Credit Opportunity Act

ECOA stands for Equal Credit Opportunity Act. The law requires that businesses report accounts shared by spouses to the credit bureaus when spouses' names are on the contract or when the business has received a written request from one of the spouses.

ECOA will appear as a column header and will be followed by codes indicating who is responsible for repaying each account.

Note

For shared accounts, the abbreviation or numeral in the WHOSE column shows who an account belongs to.

EFX or EF: Equifax

Abbreviation for Equifax, one of the three major credit bureaus.

FCRA: Fair Credit Reporting Act

The Fair Credit Reporting Act is the law that defines your rights as well as the responsibilities of credit reporting agencies and businesses that provide information to the credit bureaus.

FP: Personal Loan Company

This is a kind of business code that indicates a personal loan company.

GECRB JCP: GE Capital Retail Bank

GE Capital Retail Bank is the former issuer of the JCPenney credit card. The bank changed its name to Synchrony Bank on June 2, 2014. This code may appear on your credit report if you had or were an authorized user on a JCPenney store credit card.

I9: Installment Loan, Charged-Off

This status indicates an installment loan was charged off as debt. The "I" is an abbreviation indicating an installment account and the "9" indicates the manner of payment (in this case, a charge-off).

KD: Key Derogatory

This term appears on some credit reports to indicate a serious delinquency, like a charge-off, collection, foreclosure, or repossession.

M: Mortgage Loan

A type of loan that's used to purchase a home or borrow from the value of a home you already own.

M: Manually Frozen

On a TransUnion credit report, an M near the verified date indicates the account was manually frozen.

M: Primary Borrower With a Co-Signer

On a TransUnion credit report, an M in the ECOA section indicates a primary borrower on a co-signed account. See also “ECOA.”

M: Medical and Related Health

Yes, “M” can mean a lot of things on a credit report. On a TransUnion credit report, an M near the information furnisher's name indicates the business is in the medical and related health fields.

M1: Mortgage, Paid as Agreed

Indicates a mortgage that has been paid as agreed in your loan terms. The "M" is an abbreviation indicating a mortgage account and the "1" indicates the manner of payment.

MACYSDSNB: Macy's Department Store National Bank

Department Store National Bank is the issuer of the Macy's Credit Card. This code will appear on your credit report if you had or were an authorized user on a Macy's store credit card.

MOP: Manner of Payment

MOP, or manner of payment, describes the current payment status on the account. For example, it might say, “pays as agreed” or “pays 120 days or more past the due date.”

ND: No Data

This abbreviation indicates there is no data for that specific time period. Some credit bureaus may indicate this lack of data using a hyphen (“-”).

O: Oil Company

On a TransUnion credit report, an O near the information furnisher's name indicates the business is an oil company.

O: Open Account

This code indicates an account that's active and available for use.

R: Repossession

Repossession is when the lender takes possession of your vehicle (or other property) after you have defaulted on loan payments. Experian uses the code “R” for repossessions, while TransUnion uses “F.”

R: Reported

Used near the date on a TransUnion credit report, “R” indicates that the information was reported to the credit bureau.

R1: Revolving Account, Paid as Agreed

R1 indicates a revolving or option account that is paid as agreed. The "R" is an abbreviation for a revolving account and the "1" indicates the manner of payment.

TUC or TU: TransUnion

Abbreviation for TransUnion, one of the three major credit bureaus.

VOLUSURR or VS: Voluntary Surrender

On an Experian credit report, this code indicates you voluntarily gave your vehicle back to the lender because you could no longer make payments.

WFDS: Wells Fargo Dealer Service

Wells Fargo Dealer Service was an auto-lending arm of Wells Fargo. This code may appear on your credit report if you had an auto loan through Wells Fargo.

XPN or XP: Experian

Abbreviation for Experian, one of the three major credit bureaus.

The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy.

1. PRNewswire. "Equifax, Experian and TransUnion Extend Free Weekly Credit Reports in the U.S. Through 2023."
2. TransUnion. "Credit Report Quick Reference Guide."
3. Experian. "Understanding Your Experian Credit Report," See "Payment History."
4. Experian. "Glossary of Account Conditions and Payment Status."
5. Equifax. "Consumer Credit Report User Guide," See #35.
6. Consumer Financial Protection Bureau. "Equal Credit Opportunity Act (ECOA)," Page 9.

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