Ch 6 Overview

The video provides an overview of Chapter 6 from the Metro 2 Credit Reporting Resource Guide, helping readers use Metro 2 to accurately read credit reports, identify errors, and draft dispute letters to consumer reporting agencies (CRAs). Chapter 6 consists of frequently asked questions (FAQs) organized into categories, including a complete question list, segment-specific queries (e.g., Base, J1, J2), data reporting details (block/record descriptor words), delinquency and cycle reporting (e.g., credit cards), account status, payment ratings, special comments, ECOA code requirements, FCRA compliance, account deletion, consumer information, duplicate tradelines, first-time reporting, bankruptcy, and various reporting scenarios. The video suggests using the PDF’s search function (Ctrl+F) to find answers on specific issues.

Chapter 6 clarifies complex reporting scenarios (e.g., how bankruptcy affects one consumer on a joint account); errors like misreported statuses or missing ECOA codes can be cross-checked against these FAQs. Discrepancies with Metro 2’s standards found here provide a strong basis for dispute letters to CRAs, leveraging the manual’s guidance to ensure accurate reporting.