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Account Needs to be Reported to the Credit Bureau but it is Flagged as Do Not Report

If the Account has a Credit Reporting Flag of "Do Not Report" on it, the account will never report again unless you do the following:

  • Remove any Withdrawn or Stop Description Codes
  • Reopen the account if closed as inactive
  • Re-report the account using the smart code feature-credit report as new account
  • Run the METRO2 credit reporting process

Once the above has been done, the credit reporting flag "Do not Report" will be removed

If the account needs to be withdrawn you will need to add a withdrawn description code to the account or close code account with an inactive close code. The account will be withdrawn from the Credit Bureau when you run the next METRO2 credit reporting process

 

keywords: Kbase credit reporting description codes   

 

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  1. Kailer@key2recovery.com

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