Report to the Congress on Credit Scoring and Its Effects on the Availability and Affordability of Credit
Submitted to the Congress pursuant to section 215 of the Fair and Accurate Credit Transactions Act of 2003
August 2007
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Appendix A
SECTION 215 OF THE FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003
Sec. 215. Study of Effects of Credit Scores and Credit-Based Insurance Scores on Availability and Affordability of Financial Products.
(a) STUDY REQUIRED.--The Commission and the Board, in consultation with the Office of Fair Housing and Equal Opportunity of the Department of Housing and Urban Development, shall conduct a study of--
(1) the effects of the use of credit scores and credit-based insurance scores on the availability and affordability of financial products and services, including credit cards, mortgages, auto loans, and property and casualty insurance;
(2) the statistical relationship, utilizing a multivariate analysis that controls for prohibited factors under the Equal Credit Opportunity Act and other known risk factors, between credit scores and credit-based insurance scores and the quantifiable risks and actual losses experienced by businesses;
(3) the extent to which, if any, the use of credit scoring models, credit scores, and credit-based insurance scores impact on the availability and affordability of credit and insurance to the extent information is currently available or is available through proxies, by geography, income, ethnicity, race, color, religion, national origin, age, sex, marital status, and creed, including the extent to which the consideration or lack of consideration of certain factors by credit-scoring systems could result in negative or differential treatment of protected classes under the Equal Credit Opportunity Act, and the extent to which, if any, the use of underwriting systems relying on these models could achieve comparable results through the use of factors with less negative impact; and
(4) the extent to which credit-scoring systems are used by businesses, the factors considered by such systems, and the effects of variables which are not considered by such systems.
(b) PUBLIC PARTICIPATION.--The Commission shall seek public input about the prescribed methodology and research design of the study described in subsection (a), including from relevant Federal regulators, State insurance regulators, community, civil rights, consumer, and housing groups.
(c) REPORT REQUIRED.--
(1) IN GENERAL.--Before the end of the 24-month period beginning on the date of enactment of this Act, the Commission shall submit a detailed report on the study conducted pursuant to subsection (a) to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate.
(2) CONTENTS OF REPORT.--The report submitted under paragraph (1) shall include the findings and conclusions of the Commission, recommendations to address specific areas of concerns addressed in the study, and recommendations for legislative or administrative action that the Commission may determine to be necessary to ensure that credit and credit-based insurance scores are used appropriately and fairly to avoid negative effects.
Appendix B
The 312 Credit Characteristics in the TransUnion Database of Credit Records
Supplied for This Study
| Row number |
Code | Credit characteristic |
|---|---|---|
| 1 | AT01 | Total number of accounts |
| 2 | AT03 | Total number of open accounts in good standing |
| 3 | AT05 | Total number of accounts opened in the past 3 months |
| 4 | AT06 | Total number of accounts opened in the past 6 months |
| 5 | AT07 | Total number of accounts opened in the past 12 months |
| 6 | AT08 | Total number of accounts opened in the past 18 months |
| 7 | AT09 | Total number of accounts opened in the past 24 months |
| 8 | AT10 | Total number of open accounts with information confirmed in the past 3 months |
| 9 | AT11 | Total number of open accounts with information confirmed in the past 6 months |
| 10 | AT12 | Total number of open accounts with information confirmed in the past 12 months |
| 11 | AT13 | Total number of open accounts with information confirmed in the past 18 months |
| 12 | AT14 | Total number of open accounts with information confirmed in the past 24 months |
| 13 | AT20 | Total number of months since the oldest account was opened |
| 14 | AT21 | Total number of months since the newest account was opened |
| 15 | AT23 | Total number of accounts in good standing, opened 3 or more months ago |
| 16 | AT24 | Total number of accounts in good standing, opened 6 or more months ago |
| 17 | AT25 | Total number of accounts in good standing, opened 12 or more months ago |
| 18 | AT26 | Total number of accounts in good standing, opened 18 or more months ago |
| 19 | AT27 | Total number of accounts in good standing, opened 24 or more months ago |
| 20 | AT28 | Total maximum credit issued on open accounts reported in the past 12 months |
| 21 | AT29 | Total number of open accounts reported in the past 12 months with remaining balance larger than zero |
| 22 | AT33 | Total remaining balance from all open accounts reported in the past 12 months |
| 23 | AT34 | Percentage of total remaining balance to total maximum credit for all open accounts reported in the past 12 months |
| 24 | AT35 | Average balance of all open accounts reported in the past 12 months |
| 25 | AT36 | Total number of months since the most recent account delinquency |
| 26 | AT99 | Total remaining balances on open accounts updated in the past 12 months; not including mortgages |
| 27 | BR03 | Total number of open bank revolving accounts in good standing |
| 28 | BR20 | Total number of months since the oldest bank revolving account was opened |
| 29 | BR28 | Total maximum credit on all bank revolving accounts reported in the past 12 months |
| 30 | BR33 | Total remaining balances on all bank revolving accounts reported in the past 12 months |
| 31 | FR03 | Total number of finance revolving accounts in good standing |
| 32 | FR33 | Total remaining balances for all open finance revolving accounts reported in the past 12 months |
| 33 | FR35 | Average remaining balance for all open finance revolving accounts reported in the past 12 months |
| 34 | RE03 | Total number of open revolving accounts in good standing |
| 35 | RE10 | Total number of open revolving accounts with information confirmed in the past 3 months |
| 36 | RE11 | Total number of open revolving accounts with information confirmed in the past 6 months |
| 37 | RE12 | Total number of open revolving accounts with information confirmed in the past 12 months |
| 38 | RE13 | Total number of open revolving accounts with information confirmed in the past 18 months |
| 39 | RE14 | Total number of open revolving accounts with information confirmed in the past 24 months |
| 40 | RE20 | Total number of months since the oldest revolving account was opened |
| 41 | RE28 | Total maximum credit on open revolving accounts reported in the past 12 months |
| 42 | RE32 | Largest remaining balance on an open revolving account reported in the past 12 months |
| 43 | RE33 | Total remaining balances from all open revolving accounts reported in the past 12 months |
| 44 | RE34 | Percentage of total remaining balance to total maximum credit for all open revolving accounts reported in the past 12 months |
| 45 | RE35 | Average balance on all open revolving accounts reported in the past 12 months |
| 46 | BI01 | Total number of bank installment accounts |
| 47 | BI03 | Total number of open bank installment accounts in good standing |
| 48 | BI05 | Total number of bank installment accounts opened in the past 3 months |
| 49 | BI06 | Total number of bank installment accounts opened in the past 6 months |
| 50 | BI07 | Total number of bank installment accounts opened in the past 12 months |
| 51 | BI08 | Total number of bank installment accounts opened in the past 18 months |
| 52 | BI09 | Total number of bank installment accounts opened in the past 24 months |
| 53 | BI20 | Total number of months since the oldest bank installment account was opened |
| 54 | BI28 | Total maximum credit on all bank installment accounts reported in the past 12 months |
| 55 | FI01 | Total number of finance installment accounts |
| 56 | FI03 | Total number of open finance installment accounts in good standing |
| 57 | FI05 | Total number of finance installment accounts opened in the past 3 months |
| 58 | FI06 | Total number of finance installment accounts opened in the past 6 months |
| 59 | FI07 | Total number of finance installment accounts opened in the past 12 months |
| 60 | FI08 | Total number of finance installment accounts opened in the past 18 months |
| 61 | FI09 | Total number of finance installment accounts opened in the past 24 months |
| 62 | IN03 | Total number of open installment accounts in good standing |
| 63 | IN05 | Total number of installment accounts opened in the past 3 months |
| 64 | IN06 | Total number of installment accounts opened in the past 6 months |
| 65 | IN07 | Total number of installment accounts opened in the past 12 months |
| 66 | IN08 | Total number of installment accounts opened in the past 18 months |
| 67 | IN09 | Total number of installment accounts opened in the past 24 months |
| 68 | IN10 | Total number of open installment accounts with information confirmed in the past 3 months |
| 69 | IN11 | Total number of open installment accounts with information confirmed in the past 6 months |
| 70 | IN12 | Total number of open installment accounts with information confirmed in the past 12 months |
| 71 | IN13 | Total number of open installment accounts with information confirmed in the past 18 months |
| 72 | IN14 | Total number of open installment accounts with information confirmed in the past 24 months |
| 73 | IN21 | Total number of months since the newest installment account was opened |
| 74 | IN28 | Total maximum credit on open installment accounts reported in the past 12 months |
| 75 | IN33 | Total remaining balance from all open installment accounts reported in the past 12 months |
| 76 | IN34 | Percentage of total remaining balance to total maximum credit for all open installment accounts reported in the past 12 months |
| 77 | MT01 | Total number of mortgage accounts |
| 78 | MT02 | Total number of open and active mortgage accounts reported in the past 3 months |
| 79 | MT03 | Total number of open mortgage accounts in good standing |
| 80 | MT04 | Total number of mortgage accounts that are too new to assess |
| 81 | MT20 | Total number of months since the oldest mortgage account was opened |
| 82 | MT21 | Total number of months since the newest mortgage account was opened |
| 83 | MT22 | Total number of months since the newest open mortgage account was reported |
| 84 | MT28 | Total maximum credit on open mortgage accounts reported in the past 12 months |
| 85 | MT29 | Total number of open mortgage accounts reported in the past 12 months with remaining balance larger than zero |
| 86 | MT32 | Largest remaining balance on an open mortgage account reported in the past 12 months |
| 87 | MT33 | Total remaining balance from all open mortgage accounts reported in the past 12 months |
| 88 | MT34 | Percentage of total remaining balance to total maximum credit for all open mortgage accounts reported in the past 12 months |
| 89 | MT35 | Average remaining balances on all open mortgage accounts reported in the past 12 months |
| 90 | MT36 | Total number of months since the most recent mortgage account delinquency |
| 91 | MT41 | Total number of times a mortgage account had a past due payment of 30 days or more |
| 92 | MT42 | Total number of times a mortgage account had a past due payment of 60 days or more |
| 93 | MT43 | Total number of times a mortgage account had a past due payment of 90 days or more |
| 94 | MT44 | Total number of times a mortgage account had a past due payment of 120 days or more |
| 95 | MT45 | Total number of mortgage accounts that have been involved in bankruptcy, repossession, collections or charged-off |
| 96 | MT46 | Total number of times a mortgage account had a past due payment of 30 days or more in the previous 6 months |
| 97 | MT47 | Total number of times a mortgage account had a past due payment of 30 days or more in the previous 12 months |
| 98 | MT48 | Total number of times a mortgage account had a past due payment of 30 days or more in the previous 24 months |
| 99 | MT49 | Total number of mortgage accounts with payment currently 30 days or more past due |
| 100 | MT50 | Total number of mortgage accounts with payment currently 30 days past due |
| 101 | MT51 | Total number of mortgage accounts with payment currently 60 days past due |
| 102 | MT52 | Total number of mortgage accounts with payment currently 90 days past due |
| 103 | MT53 | Total number of mortgage accounts with payment currently 120 days past due |
| 104 | MT54 | Total number of mortgage accounts with payment currently 150 days past due |
| 105 | MT55 | Greatest amount of time a payment was late for any mortgage account |
| 106 | MT56 | Largest past due balance on any mortgage account |
| 107 | MT57 | Total past due balances on all open mortgage accounts reported in the past 12 months |
| 108 | PF02 | Total number of open and active personal loan accounts reported in the past 3 months |
| 109 | PF03 | Total number of open personal loan accounts in good standing |
| 110 | PF05 | Total number of personal loan accounts opened in the past 3 months |
| 111 | PF06 | Total number of personal loan accounts opened in the past 6 months |
| 112 | PF07 | Total number of personal loan accounts opened in the past 12 months |
| 113 | PF08 | Total number of personal loan accounts opened in the past 18 months |
| 114 | PF09 | Total number of personal loan accounts opened in the past 24 months |
| 115 | PF33 | Total remaining balance from all open personal loan accounts reported in the past 12 months |
| 116 | PF34 | Percentage of total remaining balance to total maximum credit for all open personal loan accounts reported in the past 12 months |
| 117 | OF01 | Total number of finance/credit union accounts |
| 118 | OF03 | Total number of open finance/credit union accounts in good standing |
| 119 | OF20 | Total number of months since the oldest finance/credit union account was opened |
| 120 | OF28 | Total maximum credit on open finance/credit union accounts reported in the past 12 months |
| 121 | OF29 | Total number of open finance/credit union accounts reported in the past 12 months with remaining balance larger than zero |
| 122 | OF33 | Total remaining balance from all open finance/credit union accounts reported in the past 12 months |
| 123 | OF36 | Total number of months since the most recent finance/credit union account delinquency |
| 124 | ON01 | Total number of travel and gas card accounts |
| 125 | ON03 | Total number of open travel and gas card accounts in good standing |
| 126 | ON20 | Total number of months since the oldest travel and gas card account was opened |
| 127 | ON33 | Total remaining balance from all open travel and gas card accounts reported in the past 12 months |
| 128 | ON34 | Percentage of total remaining balance to total maximum credit for all open travel and gas card accounts reported in the past 12 months |
| 129 | BC01 | Total number of bankcard accounts |
| 130 | BC02 | Total number of open and active bankcard accounts reported in the past 3 months |
| 131 | BC03 | Total number of open bankcard accounts in good standing |
| 132 | BC05 | Total number of bankcard accounts opened in the past 3 months |
| 133 | BC06 | Total number of bankcard accounts opened in the past 6 months |
| 134 | BC07 | Total number of bankcard accounts opened in the past 12 months |
| 135 | BC08 | Total number of bankcard accounts opened in the past 18 months |
| 136 | BC09 | Total number of bankcard accounts opened in the past 24 months |
| 137 | BC10 | Total number of open bankcard accounts with information confirmed in the past 3 months |
| 138 | BC11 | Total number of open bankcard accounts with information confirmed in the past 6 months |
| 139 | BC12 | Total number of open bankcard accounts with information confirmed in the past 12 months |
| 140 | BC13 | Total number of open bankcard accounts with information confirmed in the past 18 months |
| 141 | BC14 | Total number of open bankcard accounts with information confirmed in the past 24 months |
| 142 | BC21 | Total number of months since the newest bankcard account was opened |
| 143 | BC29 | Total number of open bankcard accounts reported in the past 12 months with remaining balance larger than zero |
| 144 | BC30 | Percentage of bankcard accounts with a remaining balance to maximum credit ratio greater than 50% |
| 145 | BC31 | Percentage of bankcard accounts with a remaining balance to maximum credit issued ratio greater than 75% |
| 146 | BC34 | Percentage of total remaining balance to total maximum credit for all open bankcard accounts reported in the past 12 months |
| 147 | BC35 | Average remaining balances on all open bankcard accounts reported in the past 12 months |
| 148 | BC36 | Total number of months since the most recent bankcard account delinquency |
| 149 | BC98 | Total available credit remaining on all bankcard accounts reported in the past 12 months |
| 150 | PB03 | Total number of bankcard accounts with maximum credit greater than $7,500 in good standing |
| 151 | PB05 | Total number of bankcard accounts with maximum credit greater than $7,500 opened in the past 3 months |
| 152 | PB06 | Total number of revolving bank accounts with maximum credit greater than $7,500 opened in the past 6 months |
| 153 | PB07 | Total number of revolving bank accounts with maximum credit greater than $7,500 opened in the past 12 months |
| 154 | PB08 | Total number of revolving bank accounts with maximum credit greater than $7,500 opened in the past 12 months |
| 155 | PB09 | Total number of revolving bank accounts with maximum credit greater than $7,500 opened in the past 24 months |
| 156 | PB10 | Total number of bankcard accounts with maximum credit greater than $7,500 with information confirmed in the past 3 months |
| 157 | PB11 | Total number of open bankcard accounts with maximum credit greater than $7,500 with information confirmed in the past 6 months |
| 158 | PB12 | Total number of open bankcard accounts with maximum credit greater than $7,500 with information confirmed in the past 12 months |
| 159 | PB13 | Total number of open bankcard accounts with maximum credit greater than $7,500 with information confirmed in the past 18 months |
| 160 | PB14 | Total number of open bankcard accounts with maximum credit greater than $7,500 with information confirmed in the past 24 months |
| 161 | PB20 | Total number of months since the oldest bankcard account with maximum credit greater than $7,500 was opened |
| 162 | PB21 | Total number of months since the newest bankcard account with maximum credit greater than $7,500 was opened |
| 163 | PB33 | Total remaining balance from all open bankcard accounts with maximum credit greater than $7,500 reported in the past 12 months |
| 164 | PB35 | Average remaining balances on all open bankcard accounts with maximum credit greater than $7,500 reported in the past 12 months |
| 165 | RT01 | Total number of retail store accounts |
| 166 | RT03 | Total number of open retail store accounts in good standing |
| 167 | RT05 | Total number of retail store accounts opened in the past 3 months |
| 168 | RT06 | Total number of retail store accounts opened in the past 6 months |
| 169 | RT07 | Total number of retail store accounts opened in the past 12 months |
| 170 | RT08 | Total number of retail store accounts opened in the past 18 months |
| 171 | RT09 | Total number of retail store accounts opened in the past 24 months |
| 172 | RT10 | Total number of open retail store accounts with information confirmed in the past 3 months |
| 173 | RT11 | Total number of open retail store accounts with information confirmed in the past 6 months |
| 174 | RT12 | Total number of open retail store accounts with information confirmed in the past 12 months |
| 175 | RT13 | Total number of open retail store accounts with information confirmed in the past 18 months |
| 176 | RT14 | Total number of open retail store accounts with information confirmed in the past 24 months |
| 177 | RT20 | Total number of months since the oldest retail store account was opened |
| 178 | RT21 | Total number of months since the newest retail store account was opened |
| 179 | RT28 | Total maximum credit on open retail store accounts reported in the past 12 months |
| 180 | RT29 | Total number of open retail store accounts reported in the past 12 months with remaining balance larger than zero |
| 181 | RT33 | Total remaining balance from all open retail store accounts reported in the past 12 months |
| 182 | RT34 | Percentage of total remaining balance to total maximum credit for all open retail store accounts reported in the past 12 months |
| 183 | RT35 | Average balance of all open retail store accounts reported in the past 12 months |
| 184 | RT36 | Total number of months since the most recent reatil store account delinquency |
| 185 | UR03 | Total number of open upscale retail store accounts in good standing |
| 186 | UR05 | Total number of upscale retail store accounts opened in the past 3 months |
| 187 | UR06 | Total number of upscale retail store accounts opened in the past 6 months |
| 188 | UR07 | Total number of upscale retail store accounts opened in the past 12 months |
| 189 | UR08 | Total number of upscale retail store accounts opened in the past 18 months |
| 190 | UR09 | Total number of upscale retail store accounts opened in the past 24 months |
| 191 | UR10 | Total number of open upscale retail store accounts with information confirmed in the past 3 months |
| 192 | UR11 | Total number of open upscale retail store accounts with information confirmed in the past 6 months |
| 193 | UR12 | Total number of open upscale retail store accounts with information confirmed in the past 12 months |
| 194 | UR13 | Total number of open upscale retail store accounts with information confirmed in the past 18 months |
| 195 | UR14 | Total number of open upscale retail store accounts with information confirmed in the past 24 months |
| 196 | UR20 | Total number of months since the oldest upscale retail store account was opened |
| 197 | UR21 | Total number of months since the newest upscale store account was opened |
| 198 | UR28 | Total maximum credit on open upscale retail store accounts reported in the past 12 months |
| 199 | UR33 | Total remaining balance from all open upscale retail store accounts reported in the past 12 months |
| 200 | UR35 | Average balance of all open upscale retail store accounts reported in the past 12 months |
| 201 | DS02 | Total number of open and active department store accounts reported in the past 3 months |
| 202 | DS03 | Total number of open department store accounts in good standing |
| 203 | DS04 | Total number of department store accounts that are too new to assess |
| 204 | DS05 | Total number of department store accounts opened in the past 3 months |
| 205 | DS06 | Total number of department store accounts opened in the past 6 months |
| 206 | DS07 | Total number of department store accounts opened in the past 12 months |
| 207 | DS08 | Total number of department store accounts opened in the past 18 months |
| 208 | DS09 | Total number of department store accounts opened in the past 24 months |
| 209 | DS10 | Total number of open department store accounts with information confirmed in the past 3 months |
| 210 | DS11 | Total number of open department store accounts with information confirmed in the past 6 months |
| 211 | DS12 | Total number of open department store accounts with information confirmed in the past 12 months |
| 212 | DS13 | Total number of open department store accounts with information confirmed in the past 18 months |
| 213 | DS14 | Total number of open department store accounts with information confirmed in the past 24 months |
| 214 | DS21 | Total number of months since the newest department store account was opened |
| 215 | DS33 | Total remaining balance on all department store accounts reported in the past 12 months |
| 216 | DS35 | Average balance of all open department store accounts reported in the past 12 months |
| 217 | G001 | Total number of times in payment history where payments were 30 days past due |
| 218 | G002 | Total number of times in payment history where payments were 60 days past due |
| 219 | G003 | Total number of times in payment history where payments were 90 days past due |
| 220 | G004 | Total number of times in payment history where payments were 120 days past due |
| 221 | G005 | Total number of times in payment history where payments were 150 days past due |
| 222 | G006 | Total number of times in payment history where payments were 30 and 60 days past due |
| 223 | G007 | Total number of times in payment history where payments were 30 days past due or more |
| 224 | G008 | Total number of times in payment history where payments were 60 days past due or more |
| 225 | G009 | Total number of times in payment history where payments were 90 days past due or more |
| 226 | G016 | Total number of accounts with a past due payment equal to but not greater than 30 days past due in the past 3 months |
| 227 | G017 | Total number of accounts with a past due payment equal to but not greater than 30 days past due in the past 6 months |
| 228 | G018 | Total number of accounts with a past due payment equal to but not greater than 30 days past due in the past 12 months |
| 229 | G019 | Total number of accounts with a past due payment equal to but not greater than 30 days past due in the past 18 months |
| 230 | G020 | Total number of accounts with a past due payment equal to but not greater than 30 days past due in the past 24 months |
| 231 | G021 | Total number of accounts with a past due payment equal to but not greater than 60 days past due in the past 3 months |
| 232 | G022 | Total number of accounts with a past due payment equal to but not greater than 60 days past due in the past 6 months |
| 233 | G023 | Total number of accounts with payments currently 60 days past due and reported in the past 12 months or payment history illustrates previous payments were 60 days past due in the past 6 months |
| 234 | G024 | Total number of accounts with a past due payment equal to but not greater than 60 days past due in the past 18 months |
| 235 | G025 | Total number of accounts with a past due payment equal to but not greater than 60 days past due in the past 24 months |
| 236 | G026 | Total number of accounts with a past due payment equal to but not greater than 90 days past due in the past 3 months |
| 237 | G027 | Total number of accounts with a past due payment equal to but not greater than 90 days past due in the past 6 months |
| 238 | G028 | Total number of accounts with a past due payment equal to but not greater than 90 days past due in the past 12 months |
| 239 | G029 | Total number of accounts with a past due payment equal to but not greater than 90 days past due in the past 18 months |
| 240 | G030 | Total number of accounts with a past due payment equal to but not greater than 90 days past due in the past 24 months |
| 241 | G041 | Total number of accounts that have payments that were ever 30 or more days past due |
| 242 | G042 | Total number of accounts that have payments that were ever 60 or more days past due |
| 243 | G043 | Total number of accounts that have payments that were ever 90 or more days past due |
| 244 | G044 | Total number of accounts that have payments that were ever 120 or more days past due |
| 245 | G045 | Total number of accounts that have payments that were ever 150 or more days past due |
| 246 | G046 | Total number of accounts that have payments that were never 30 or more days past due |
| 247 | G047 | Total number of accounts that have payments that were never 60 or more days past due |
| 248 | G048 | Total number of accounts that have payments that were never 90 or more days past due |
| 249 | G049 | Total number of accounts that have payments that were never 120 or more days past due |
| 250 | G050 | Total number of accounts that have payments that were never 150 or more days past due |
| 251 | G051 | Percentage of accounts with no late payments reported |
| 252 | G057 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 3 months |
| 253 | G058 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 6 months |
| 254 | G059 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 12 months |
| 255 | G060 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 18 months |
| 256 | G061 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 24 months |
| 257 | G062 | Number accounts that have payments that are currently or previously 60 or more days past due within the past 3 months |
| 258 | G063 | Number accounts that have payments that are currently or previously 60 or more days past due within the past 6 months |
| 259 | G064 | Number accounts that have payments that are currently or previously 60 or more days past due within the past 12 months |
| 260 | G065 | Number accounts that have payments that are currently or previously 60 or more days past due within the past 18 months |
| 261 | G066 | Number accounts that have payments that are currently or previously 60 or more days past due within the past 24 months |
| 262 | G067 | Number accounts that have payments that are currently or previously 90 or more days past due within the past 3 months |
| 263 | G068 | Number accounts that have payments that are currently or previously 90 or more days past due within the past 6 months |
| 264 | G069 | Number accounts that have payments that are currently or previously 90 or more days past due within the past 12 months |
| 265 | G070 | Number accounts that have payments that are currently or previously 90 or more days past due within the past 18 months |
| 266 | G071 | Number accounts that have payments that are currently or previously 90 or more days past due within the past 24 months |
| 267 | G082 | Total number of accounts currently past due 30 days or more in the past 2 months |
| 268 | G083 | Total number of accounts currently past due 30 days in the past 2 months |
| 269 | G084 | Total number of accounts currently past due 60 days in the past 2 months |
| 270 | G085 | Total number of accounts currently past due 90 days in the past 2 months |
| 271 | G086 | Total number of accounts currently past due 120 days in the past 2 months |
| 272 | G087 | Total number of accounts currently past due 150 days in the past 2 months |
| 273 | G088 | Total number of accounts currently less than 120 days past due in the past 2 months |
| 274 | G089 | Greatest amount of time a payment was late ever on an account |
| 275 | G091 | Total past due balances reported in the past 12 months |
| 276 | G093 | Total number of dergoratory public records |
| 277 | G094 | Total number of public records related to a bankruptcy |
| 278 | G095 | Total number of months since the most recent occurrence of a derogatory public record |
| 279 | G096 | Total number of inquiries for credit |
| 280 | G098 | Total number of inquiries for credit in the past 6 months |
| 281 | G102 | Total number of months since the most recent inquiry for credit |
| 282 | G103 | Total number of months since the most recent update on an account |
| 283 | G104 | Total number of months consumer has had a credit report |
| 284 | S004 | Average age of accounts on credit report |
| 285 | S008 | Total number of finance accounts confirmed in the past 12 months |
| 286 | S009 | Total number of bank, finance, personal, national or travel/entertainment revolving accounts |
| 287 | S010 | Total number of bank, finance, personal, national or travel/entertainment revolving accounts in good standing |
| 288 | S011 | Total number of open accounts |
| 289 | S012 | Total number of open revolving accounts |
| 290 | S014 | Total number of open finance installment accounts |
| 291 | S015 | Total number of open bank revolving accounts with maximum credit greater than or equal to $5,000 reported in the past 12 months |
| 292 | S018 | Total number of finance accounts opened in the past 12 months |
| 293 | S019 | Total number of open personal finance installment accounts reported in the past 12 months |
| 294 | S020 | Total number of open personal finance revolving accounts reported in the past 12 months |
| 295 | S027 | Total number of months since the newest finance account was opened |
| 296 | S040 | Largest maximum credit amount on all open retail store accounts reported in the past 12 months |
| 297 | S043 | Total number of open non-installment accounts with a remaining balance to maximum credit issued ratio greater than 50% reported in the past 12 months |
| 298 | S046 | Percentage of accounts that are open and active with a remaining balance greater than $0 reported in the past 12 months |
| 299 | S054 | Total number of different credit issuers |
| 300 | S055 | Total number of unique account numbers |
| 301 | S059 | Total number of public records and derogatory accounts with an amount owed greater than $100 |
| 302 | S060 | Total number of accounts involved in bankruptcy, repossession, collections or charge off |
| 303 | S061 | Total number of months since the most recent status on an account was 60 days or more past due |
| 304 | S062 | Total number of months since the most recent status on an account was 90 days or more past due |
| 305 | S063 | Total amounts held liable for all public records reported in the past 12 months |
| 306 | S064 | Total the amount ever owed for all accounts sent to collection |
| 307 | S065 | Total number of legal holds or claims against real estate for unpaid taxes |
| 308 | S066 | Total number of accounts disputed by the consumer |
| 309 | S078 | Percentage of total remaining balance to total maximum credit for all open personal finance revolving accounts reported in the past 12 months |
| 310 | S079 | Percentage of total remaining balance to total maximum credit for all open department store and clothing store revolving accounts reported in the past 12 months |
| 311 | S114 | Total number of credit inquiries made in the past 6 months not including auto or real estate credit inquiries |
| 312 | S115 | Total number of credit inquiries made by a finance company |
Appendix C
The 19 Credit Characteristics Selected from the TransUnion Database for Use in the FRB Base Model Scorecards
| Row number from Appendix B |
Code | Credit characteristic |
|---|---|---|
| 18 | AT26 | Total number of accounts in good standing, opened 18 or more months ago |
| 20 | AT28 | Total maximum credit issued on open accounts reported in the past 12 months |
| 25 | AT36 | Total number of months since the most recent account delinquency |
| 44 | RE34 | Percentage of total remaining balance to total maximum credit for all open revolving accounts reported in the past 12 months |
| 76 | IN34 | Percentage of total remaining balance to total maximum credit for all open installment accounts reported in the past 12 months |
| 146 | BC34 | Percentage of total remaining balance to total maximum credit for all open bankcard accounts reported in the past 12 months |
| 251 | G051 | Percentage of accounts with no late payments reported |
| 256 | G061 | Number accounts that have payments that are currently or previously 30 or more days past due within the past 24 months |
| 273 | G088 | Total number of accounts currently less than 120 days past due in the past 2 months |
| 274 | G089 | Greatest amount of time a payment was late ever on an account |
| 278 | G095 | Total number of months since the most recent occurrence of a derogatory public record |
| 279 | G096 | Total number of inquiries for credit |
| 282 | G103 | Total number of months since the most recent update on an account |
| 284 | S004 | Average age of accounts on credit report |
| 293 | S019 | Total number of open personal finance installment accounts reported in the past 12 months |
| 297 | S043 | Total number of open non-installment accounts with a remaining balance to maximum credit issued ratio greater than 50% reported in the past 12 months |
| 298 | S046 | Percentage of accounts that are open and active with a remaining balance greater than $0 reported in the past 12 months |
| 299 | S054 | Total number of different credit issuers |
| 301 | S059 | Total number of public records and derogatory accounts with an amount owed greater than $100 |
Note. Tables 12.A--C show which of these characteristics were used on each of.three FRB base-model scorecards. Refer to appendix B for all characteristics in the TransUnion database.