Credit Card Glossary: Terms and Definitions
“ECOA” stands for Equal Credit Opportunity Act, which was enacted by Congress in 1974 to prohibit discrimination in lending. ECOA-mandated codes appear on credit reports and are designed for nondiscriminatory identifications/categorization of an account. Code examples: “I” is an Individual account, “J” is a Joint account, “A” is an Authorized user.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.