In legal review — not indexed
These definitions are drafted and readable, and stay out of search until an attorney has cleared each one.
Metro 2
Metro 2 — Metro 2 is the standardized electronic file format furnishers use to report consumer account data to the nationwide consumer reporting agencies, developed and maintained by the Consumer Data Industry Association.
The CFPB's December 2012 credit reporting white paper records that CDIA "developed the Metro 2 guidelines in 1997, on behalf of the NCRAs and Innovis, as their standard for the electronic reporting of consumer trade line information," replacing the original Metro format from the late 1970s. A submission consists of a furnisher header record identifying the furnisher and activity period, a base segment per borrower carrying identification and account fields, supplementary segments describing updates, and a trailer record with sum totals. The format specification itself is a CDIA publication and is not a government document, so it is licensed rather than published in the Federal Register — a point worth noting when a bank asks a firm to evidence "Metro 2 compliance."
Primary sources
See also
- FurnisherA furnisher is an entity that provides information relating to consumers to one or more consumer reporting agencies for inclusion in a consumer report.
- ACDVAn ACDV, or Automated Consumer Dispute Verification, is the electronic form a consumer reporting agency transmits to a furnisher to relay a consumer's dispute and collect the furnisher's investigation response.
- e-OSCARe-OSCAR is the automated system the nationwide consumer reporting agencies use to route consumer disputes to furnishers and return furnisher responses.
Where this appears
- Exchange — the placement file gateway
- Compliance reference for collections law firms
- Metro 2 Furnishing Accuracy Under the FCRA and the e-OSCAR Dispute Cycle
This is an informational reference, not legal advice, and using it creates no attorney-client relationship. Limitations periods turn on facts this page cannot know — which state's law governs, the contract type, when the claim accrued, and whether anything tolled or revived it. Confirm against the primary source and your own counsel before acting.