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Metro 2 Format

Metro 2 Format is the current standard format for reporting credit. It meets all the requirements of the Fair Credit Reporting Act (FCRA), the Fair Credit Billing Act (FCBA), and the Equal Credit Opportunity Act (ECOA). It allows most accurate and complete information on consumers' credit history.

Collect! provides the internal functions to report credit correctly using Metro 2 in the 426 character format. However, there are a few rules to be handled by you as you report your debtors to the bureaus.

  • Report all accounts on a monthly basis.
  • Report all accounts with a final status code when they are ultimately paid or closed.
  • Credit grantors must report accounts at the close of each cycle.

When you run credit bureau reporting in Collect! a file is produced for you to send to the credit bureau. This file has one long line of data for each account that is reported. It is actually made up of several segments. Each one is described below. Select the link to open the detailed page for each segment.

Metro 2 Format - Header Record

Metro 2 Format - Base Segment

Metro 2 Format - J1 Segment

Metro 2 Format - J2 Segment

Metro 2 Format - K1 Segment

Metro 2 Format - Trailer Record

For more information, please refer to the Metro 2 manual provided by your credit bureau.

See Also

- Credit Reporting Functional Description
- Credit Bureau Reporting Topics

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