Permissible Purpose Codes

As part of the FCRA regulations, a 2-digit permissible purpose code is required to specify the reason for retrieving a consumer’s credit decisioning report.

Pass one of the following codes as the value for the purpose parameter in the get report API call.

Permissible Purpose

Description

Account Type Code

Account review

Review account performance.

99

Eligibility for government benefits

Determining eligibility for a government license or benefit required by law to consider an applicant’s financial responsibility or status.

8J

Extension of credit

Lending-based assessment for all loan types: mortgage, auto, HELOC, installment, and more.

31

Legitimate business need – tenant screening

Property rental financial assessment.

1B

Written instruction – prequalification

Evaluation of an application’s profile to determine which lending or screening offers their quality to receive.

3F

Written instruction – personal guarantor

Non-commercial lending assessment.

10