Managing Credit Reporting Files

• Credit Reporting setup, testing and running on a regular basis

  This document will walk you through how to setup credit reporting, send a test file, how to run it on a regular basis and also answer some FAQs....

• Credit Reporting with DMS

  To streamline this process and to make use of the capabilities that RMEx has to offer, wepartnered up with Digital Matrix Systems (DMS) to bring you the credit reporting with the click of a button. DM...

• METRO2 Format - Date of Account Information

  The date that Quantrax uses to populate the METRO2 field - Date of Account Information (or Reporting Period) is the date that you enter in the field Last date for placements when you process/create th...

• Understanding the Line Items on the METRO2 Credit Reporting Report

  The report fields are as follows: TOTAL # OF ACCOUNTS REPORTED = number of accounts in file TOTAL # OF ACCOUNTS REPORTED AS NEW BUSINESS = number of accounts reported as new business TOTAL # OF ACCOUN...

• METRO2 Format - Date of First Delinquency (DoFD)

    The Date of 1st delinquency field name is GDFDEL  NOTE:  If the Date of 1st delinquency field is not populated at the account level RMEx will use the last transaction date on the account as a defaul...

• Settled in Full Accounts are No Longer Reporting when Balance Becomes Zero

  In 2011, based on discussions with the credit bureaus Quantrax changed the SIF reporting file rules. SIF accounts are now reported in the file with the following: an account status of 62 = designates ...

• METRO 2 Creating the Credit Reporting File and Understanding the Credit Reporting Delay

  (length 03.11 mins) Running the Metro 2 credit reporting option to create your files. This does not cover setting up the system controls for credit reporting. For setup see the online video at  http:/...

• Recreating a Metro 2 Credit Reporting File

  You can recreate the credit reporting file from the second utility menu - option recreate Metro 2 credit reporting file by run date Before running this option: This option is company specific Copy you...

• How RMEx Reports the METRO2 K1 Segment Client Classification

  RMEx converts our client type to the METRO2 - client classification field: RMEx client type --------------------------- Metro 2 - K1 segment - Client classification Blank -----------------------------...

• RMEx Balances vs. METRO2 Credit Reporting Balance Fields

  In the METRO2 format file both the placed amount and current account balance (this balance is determined by the balance types specified in the credit reporting system controls) are reported. The place...