How Do I Correct an Error in a Previously Submitted Metro 2® File?
Errors in credit reporting can happen—but under the Fair Credit Reporting Act (FCRA), furnishers are legally required to correct any inaccuracies promptly and…
Errors in credit reporting can happen—but under the Fair Credit Reporting Act (FCRA), furnishers are legally required to correct any inaccuracies promptly and…
In credit reporting, Account Status and Payment Rating are often misunderstood or used interchangeably—but they serve distinct purposes in how consumer tradelines are…
When a borrower passes away while carrying a delinquent account, furnishers must handle the situation sensitively and accurately. Reporting the account of a…
Question: What is the appropriate method for reporting an account that has a zero balance and has shown no activity for an extended…
Question: What is the correct procedure for reporting a charged-off account that has been subsequently paid by the consumer, and how does this…
Question: What are the correct procedures for reporting an account that has been transferred to another lender, and how does this ensure compliance…