How To Read The Metro Contact Description

These tables give a brief explanation, taken from the Metro2 manual, for each of the settings Collect! enables you to choose in Credit Report Details.

The settings you select are "coded" and written into the Description field of the Metro Contact created for the Debtor. These settings are also updated automatically by Collect!, as needed, when the Debtor is worked. For instance, a Payment in Full will update the settings automatically to send this information the next time you run your credit report.

Metro Contact Description Codes

Useful Note These tables are for your convenience. For in depth explanations, please refer to the Metro2 manual or ask your credit bureau representative

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
TT	Transaction Type	231
			1	Newly Opened Account
			2	Name Change
			3	Address Change
			5	SSN Change
			6	Name and Address Change
			8	Name and SSN Change
			9	Address and SSN Change
			A	Name, Address and/or SSN Change
			Blank	No change

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
UI	Update Indicator	20
			0	Normal Update
			1	Correction

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
SC	Special Comment	151-152
			@	None Specified
			-	Removes Any Previously Reported Comment Code
			B	Payments Managed by Credit Counseling Service
			C	Paid by Co-Maker
			H	Loan Assumed by Another Party
			I	Election of Remedy
			M	Account Closed at Credit Grantor's Request
			O	Account Transferred to Another Lender
			S	Special Handling
			V	Adjustment Pending
			AB	Debt Being Paid Through Insurance
			AC	Paying Under a Partial Payment Agreement
			AG	Simple Interest Loan
			AH	Purchased by Another Lender
			AI	Recalled to Active Military Duty
			AJ	Payroll Deduction
			AL	Student Loan
			AM	Account Payment Assured by Wage Garnishment
			AN	Account Acquired by RTC/FDIC
			AO	Voluntarily Surrendered, then Redeemed
			AP	Credit Line Suspended
			AS	Account Closed Due to Refinance
			AT	Account Closed Due to Transfer
			AU	Account Paid in Full for Less than the Full Balance
			AV	First Payment Never Received
			AW	Affected by Natural Disaster
			AX	Account Paid from Collataral
			AZ	Redeemed Repossession
			BA	Transferred to Recovery
			BB	Full Termination/Status Pending
			BC	Full Termination/Obligation Satisfied
			BD	Full Termination/Balance Owing
			BE	Early Termination/Status Pending
			BF	Early Termination/Obligation Satisfied
			BG	Early Termination/Balance Owing
			BH	Early Termination/Insurance Loss
			BI	Involuntary Repossession
			BJ	Involuntary Repossession/Obligation Satisfied
			BK	Involuntary Repossession/Balance Owing
			BL	Credit Card Lost or Stolen
			BN	Paid by Company which Originally Sold the Merchandise
			BO	Foreclosure proceedings started
			BP	Paid through Insurance
			BS	Prepaid Lease
			BT	Principal Deferred/Interest Payment Only
			CH	Guaranteed/Insured
			CI	Account closed due to inactivity
			CJ	Credit line no longer available � in repayment phase
			CK	Credit line reduced due to collateral depreciation
			CL	Credit line suspended due to collateral depreciation
			CM	Collateral released by creditor / Balance owing
			CN	Loan modified under a federal government plan
			CO	Loan modified
			CP	Account in forbearance
			CS	For Use by Child Support Agencies Only
			DE	Debt Extinguished Under State Law

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
RI	Reporting Industry
			@	None Specified
			0	Check Credit
			1	Collection Agency
			2	Credit Card
			3	Credit Union
			4	Debt Counselor
			5	Educational
			6	Family Support
			7	Government Agency
			8	Installment Loan
			9	Loan Finance
			A	Mortgage Loan
			B	Retail
			C	Sales Finance
			D	Savings And Loans
			E	Service And Professionals

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
AS	Account Status	124-125
			5	Account transferred to another office
			11	Current account
			13	Paid in full
			61	Paid in full; voluntary surrender
			62	Paid in full; collection account or claim
			63	Paid in full; was a repossession
			64	Paid in full; was a charge off
			65	Paid in full; a foreclosure was started
			71	30 days
			78	60 days
			80	90 days
			82	120 days
			83	150 days
			84	180 days
			88	Filed with govt. for insured portion on balance on defaulted loan
			89	Deed received in lieu of foreclosure on a defaulted mortgage
			93	Seriously past due and/or assigned to collections
			94	Foreclosure/ credit grantor sold collateral to settle mortgage
			95	Voluntary surrender
			96	Merchandise taken back by grantor; may be a balance due
			97	Unpaid balance reported as a loss by credit grantor
			DA	Delete entire account from credit bureau
			DF	Delete entire account due to confirmed fraud (fraud investigation completed)

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
AT	Account Type	74-75
			Choices change depending on Industry
			Please refer to Metro2 Manual for details

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
CC	Country Code	328-329
			Standard two-character abbreviation

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
AC	Association Code	325
			@	None Specified
			1	Individual
			2	Joint Contractual Liability
			7	Maker
			T	Association with account is terminated
			W	Business/Commercial Non-Consumer account
			X	Consumer is deceased
			Z	Delete Borrower (Inaccurately reported consumers only)

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
CS	Cosigner		Y	Report Cosigner YES
			N	Report Cosigner NO

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
SG	Cosigner Segment		2	Not used

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
PT	Portfolio Type	73
			C	Line of credit
			I	Installment
			M	Mortgage
			O	Open Account
			R	Revolving

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
CO	Compliance Code	153-154
			@	None Specified
			XA	Account closed at consumer's request
			XB	Account information disputed by consumer
			XC	Completed investigation of FCRA
			XD	Closed at consumer's request & in dispute under FCRA
			XE	Closed at cons request, dispute completed, consumer disagrees.
			XF	Account in dispute under Fair Credit Billing Act
			XG	FCBA Dispute resolved - consumer disagrees
			XH	Previously in dispute - now resolved, reported by credit grantor
			XR	Removes the most recently reported Compliance Condition Code.

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
PR	Payment Rating	126
			0	Current account (0 -29 days past due)
			1	30-59 days past due
			2	60-89 days past due
			3	90-119 days past due
			4	120-149 days past due
			5	150-179 days past due
			6	180 or more days past due
			G	Collection
			L	Charge-off

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
CI	Information Indicator	326-327
			@	None Specified
			A	Petition for Ch. 7 Bankruptcy
			B	Petition for Ch. 11 Bankruptcy
			C	Petition for Ch. 12 Bankruptcy
			D	Petition for Ch. 13 Bankruptcy
			E	Discharged Through Bankruptcy CH. 7
			F	Discharged Through Bankruptcy CH. 11
			G	Discharged Through Bankruptcy CH. 12
			H	Discharged Through Bankruptcy CH. 13
			I	Ch. 7 Bankruptcy Dismissed
			J	Ch. 11 Bankruptcy Dismissed
			K	Ch. 12 Bankruptcy Dismissed
			L	Ch. 13 Bankruptcy Dismissed
			M	Ch. 7 Bankruptcy Withdrawn
			N	Ch. 11 Bankruptcy Withdrawn
			O	Ch. 12 Bankruptcy Withdrawn
			P	Ch. 13 Bankruptcy Withdrawn
			Q	Remove previously reported indicator
			R	Reaffirmation of debt
			S	Remove previous reaffirmation of debt
			T	Credit grantor cannot locate consumer
			U	Consumer now located

Metro Description Code	Metro2 Name	Position in File	Values	Descriptions
FN	File Number	43-72	Debtor File Number or Client Acct. #

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