Anyone who grants an extension of credit to a consumer is eligible to report to the credit bureaus. That said, there are a few industries who more commonly report than others(listed below). A few of them (indicated by an asterik) even have special reporting requirements defined in the Metro 2 Format. As a credit reporting [...]
I have an old Metro 1 file (aka Metro 272), can I still report that to the credit bureaus?
December 29, 2008 By Leave a Comment
Yes you can but you will need to convert that to the Metro 2 format. Lucky for you, credit reporting software companies like Datalinx have a process already setup to assist. We have several customers who have decided not to upgrade their current system and instead use a service to convert the data for them. We accept [...]
Is there a minimum number of records required to report to the Credit Bureaus?
December 19, 2008 By Leave a Comment
Each credit bureau sets their own policy regarding the minimum number of records they will accept (see below). However, there are some things you can do to ensure you meet their bar. First, make sure to report your entire portfolio. This will maximize the total number of accounts in your file and is altogether better [...]
Welcome to the Datalinx FAQ site!
December 16, 2008 By Leave a Comment
This is an interactive site to help answer your questions regarding credit reporting and conversion to the Metro 2 format. We’re here to help you learn how to report credit – how to decide if you should use a credit reporting service or if you should invest in credit reporting software. Feel free to post [...]
