Metro 2 Format - K1 Segment
The K1 Segment contains the name of the Original Creditor and the Creditor Classification code. This
segment must be included whenever an account is
reported by collection agencies, debt collectors, factoring
companies and others. This information is reported to
help consumers identify the source of accounts when
they appear on credit reports. Without the original creditor
names, consumers may not know what the accounts
represent.
In the image below, the fields in the K1 Segment are
partitioned and identified. Actually, this is one long string of
data in the reporting file.
In the tables below,
- Field is the Metro 2 Format Field number
- Field Name is taken from the Metro 2 Format. Refer to the Field
Number and Field Name when you are trying to determine CBR
requirements for particular areas.
- Length and Position can be used as reference points
when you are examining actual data in the report as Collect!
generates it.
- Source is the field in Collect! where the information is
pulled from, or some sort of internal value, as indicated.
K1 Segment |
Field | Field Name | Length | Position | Source |
1 | Segment Identifier | 2 | 1-2 | K1 |
2 | Original Creditor Name | 30 | 3-32 | Client Name |
3 | Creditor Classification | 2 | 33-34 | Client Type |
The next table clearly displays each database field name from
Collect! to help you determine more easily where information
is coming from.
K1 Segment Record Database Fields |
Metro 2 Field Name | Database Form and Field | Length | Position |
Original Creditor Name | Client Name | 30 | 3-32 |
Creditor Classification | Client Type | 2 | 33-34 |
Collect! uses the 426 character format when creating
the credit reporting file in Metro 2 Format.
For more information, please refer to your
credit reporting manual or consult with your
credit bureau representative.
See Also
- Credit Reporting Functional Description
- Credit Bureau Reporting Topics
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