Chapter 2: ACRO Training (Automated Credit Reporting Online)
IN THIS LESSON
Components of a tradeline
Customer Name (i.e., First Horizon Bank)
Subscriber/Member number (i.e., 495BB00138)
Date reported (the date last reported to EFX)
Date opened (the date the loan was opened)
High credit/credit limit (i.e., $50,000)
Term (months, years, dollars)
Balance (current balance due)
Past due (past due amount as of the reported date)
Current status (what the accounts are currently rated as of the last reported date)
Months reviewed (the number of months the account has been reviewed)
ECOA-Equal Credit Opportunity Act (i.e., individual, joint, etc.)
Account Number with Customer (possibly truncated)
DLA/DFD- Either Date of last activity or Date of first delinquency