Metro 2 Letters | Creditlettersgenerator
Are you searching for the Metro 2 Letters provider? Credit
Letters Generator Services are best in this department. we explain you about
the features we have in our Metro 2 letters which lead us at the
top position in this field. Metro 2 is one of its own type of letter format
which is very specifically formatted, ASCII Encoded text file. It is a
standardized format agreed between major consumer credit agencies for data
furnishers to send information electronically. Everyone Thinks that Metro 2 is
just a format for reporting, yes it is true, but we provide you wide range of
features in Metro 2 formats which will definitely helps all Banks, mortgage
lenders, Credit Card Companies, and other Financial Companies.
We provide this
letter with the key components that help furnishers comply with the FCRA (Fair
Credit Reporting Act) and ECOA (Equal Credit Opportunity Act), and to provide
for quick and easy updating of credit information. Metro 2 provides some
specific steps for reporting consumers involve in bankruptcy that are for
consumer protection and keeping everyone aware of the consumer outstanding
obligations. Metro2 format can include up to 24 months of past payment history
beyond the current reporting period and uses Portfolio and Account Type codes
to describe different types of accounts and provides over 60 different options
for data reporters to used to classify their accounts.
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