Permissible Purpose Codes
One of these codes must be attached on any request to retrieve a Credit Decisioning report.
| Code | Description |
|---|---|
| 0A | Time share loan |
| 0B | Consumer Written Consent |
| 0F | Construction Loan |
| 0G | Flexible Spending Credit Card |
| 00 | Auto Loan |
| 01 | Unsecured Loan |
| 02 | Secured Loan |
| 03 | Partially secured Loan |
| 04 | Home improvement Loan |
| 05 | FHA home improvement Loan |
| 06 | Installment sales contract |
| 07 | Revolving charge account |
| 08 | Real estate, unk type, term in yrs |
| 09 | Loan secured by co-signer |
| 1C | Purchase of Household Goods |
| 10 | Commercial transaction with personal liability, guarantee or written instruction |
| 11 | Recreational merchandise loan |
| 12 | Education |
| 13 | Lease |
| 15 | Check credit or line of credit |
| 17 | Manufactured home |
| 18 | Credit Card |
| 19 | FHA mortgage (terms in years) |
| 2A | Secured credit card (rev terms) |
| 2C | Real estate mortgage, Farmers Home Administration (FMHA) (terms in years) |
| 2K | Government Sponsored Travel Card |
| 20 | Note loan |
| 22 | Secured by household goods |
| 23 | Secured by household goods / other collateral |
| 25 | VA real estate mortgage (terms in years) |
| 26 | Conventional real estate mortgage including purchase money and first mortgage (terms in years) |
| 27 | Real estate mortgage, (term in months) with or without collateral (usually second mortgage) |
| 3A | Auto lease |
| 3F | Pre-qualification Consent |
| 31 | Unknown – Extension of credit, review, or collection |
| 4D | Cellular phone |
| 47 | Credit line secured, revolving |
| 48 | Collection dept/attorney/agency |
| 49 | Insurance underwriting |
| 5A | R.E. – jr liens and non-purchase money first (terms in years) |
| 5B | Second Mortgage – terms in months |
| 5C | Checking or Savings – possible additional offers |
| 5J | Business Credit Loan |
| 6A | Commercial installment loan |
| 6B | Commercial Mortgage – terms in years |
| 6C | Credit Granting – possible additional offers |
| 6D | 6D |
| 65 | Government guaranteed unsecured loan |
| 66 | Government guaranteed secured loan |
| 67 | Government direct unsecured loan |
| 68 | Government direct secured loan |
| 7A | Commercial line of credit (rev terms) |
| 7B | Agriculture |
| 78 | Installment loan |
| 8A | Business credit card (rev terms) |
| 85 | Bi-monthly mortgage payment (terms in years) |
| 87 | Semi-monthly mortgage payment (terms in years) |
| 89 | Home equity line of credit (revolving terms) |
| 9A | Secured home improvement |
| 9B | Business Line personally guaranteed |
| 90 | Medical debt |
| 91 | Debt consolidation |
| 92 | Utility company |
| 98 | Credit granting |