Reasons an Account Would not be Reported to the Credit Bureau ( METRO2)

NOTE: For more details see the attached PDF "Credit Reporting March 2023.pdf"

• Paid and Never Reported: If the account is paid in full and if it has never been reported, it will not report.
• Minimum Amount: Check the minimum placement amount in the credit reporting parameters (system control menu 2 – credit reporting)
• Medical Minimum Amount:  Beginning March 31, 2023, the major credit bureaus will no longer include medical collection debt under at least $500 on credit reports.
• State Options: Check to see if the state options have a “N” in the no credit reporting field
• Close Codes: Check to see if the credit reporting options for METRO2 format has an “O” in the “include or omit with close code” field (system control menu 2 – credit reporting)
• Description Codes:
  • Check if there is a stop cred.reporting description code on the account (system control menu 2 – system parameters)
  • Check if there is a description code to stop accounts from being reported in the future on the account (system control menu 2 – credit reporting)
  • Check if there is a description codes that will report as withdrawn on the account (system control menu 2 – credit reporting)
• Consumer Under 18: Check to see if the Consumer is a minor and if the METRO2 System Control field "Report minors? (N=No)" is set to "N"
• Client Master: Check the client master (management menu - client update) if the client is set up with a “N” in the credit reporting field.
• Metro 2 Input: Check if the account qualifies based on the information entered in the fields: Last date for placements or Last date for PIFs when the credit reporting file was processed.
• Medical Under 365 days: If this is a medical client, check to see if the account qualifies based on age: 365 days from transaction.
• Contact Series Delay: Check the contact series field “credit reporting delay” (system control menu - contact series definition), to determine if the account is eligible for reporting (credit reporting eligibility date)
• Under 30 Days Since Transaction: Compare the last transaction date and placement date on the account. If there is less than 30 days between the two dates the account will not report unless the client is set up as a bad check client or the client master field "bypass 30-day check for credit reporting-Y" has a "Y" in it
• Closed Inactive: Check if the account is closed inactive (accounts closed inactive are automatically reported as withdrawn when the next credit reporting file is created)
• If the account has Do Not Report on the F10 screen, it will not report. See article "Account Needs to be Reported to the Credit Bureau but it is Flagged as "Do Not Report"" if the account needs to be reported.
• Is the account eligible to be reported based on the credit reporting parameter “type of credit reporting (B, A, blank)” (system control menu 2 – credit reporting)