How to Report Replaced Credit Cards and Account Number Changes in Metro 2 (L1 Segment vs Two Tradelines)
How should a furnisher report a replacement credit card or an account number change, and when should the L1 Segment be used instead…
Category: Report to Credit Bureaus
How to Report Sold Accounts in Metro 2 (Seller and Purchaser Responsibilities With and Without History Conversion)
How should a seller and purchaser each report accounts that have been sold to another company, and how does the reporting differ depending…
How to Report Payment Reversals in Metro 2 Without Breaking DOFD, PHP, or Date of Last Payment
How should a furnisher report a payment reversal, such as a returned payment or reversed transaction, when that reversal affects the Date of…
What’s Coming in 2027: The New Debt Settlement Code and What It Means for Furnishers
The CDIA just approved a brand-new Metro 2 Special Comment Code that will change how debt settlement shows up on credit reports. Here’s…
Credit Reporting vs. Litigation: The Cheaper Path to Debt Recovery
When delinquent accounts pile up, most businesses reach for a lawyer. But there’s a faster, cheaper tool already in your hands: your credit…
Why Bureau Credentialing Takes So Long (And How to Fix It)
A dealer in Southern California came to us in early 2024. About 114 accounts on the books, using DealerCenter, wanted to start reporting…
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