Ch 5 Exhibit 8

The video summarizes Exhibit 8 from Chapter 5 of the Metro 2 Credit Reporting Resource Guide, assisting readers in using Metro 2 to accurately read credit reports, identify errors, and draft dispute letters to consumer reporting agencies (CRAs). Exhibit 8 lists all compliance condition codes for Base Segment Field #20 (Chapter 4), which reflect legal compliance statuses (e.g., "account in dispute under FCRA," "closed at consumer’s request").

This exhibit ensures these conditions are correctly reported; errors like a missing code for an ongoing dispute or an outdated code (e.g., not removed with "XR") can be flagged as inconsistencies with Metro 2’s standard, providing a basis for dispute letters to CRAs to enforce accurate reporting per the industry format.