Ch 4 N1 Segment Overview

The video provides an overview of the N1 Segment from Chapter 4 of the Metro 2 Credit Reporting Resource Guide, aiding readers in using Metro 2 to accurately read credit reports, identify errors, and draft dispute letters to consumer reporting agencies (CRAs). The N1 Segment reports employment information for the primary consumer listed in the Base Segment, with only one N1 Segment allowed per account, limiting it to a single set of employment data. The video notes that credit reports often include employment details in a header section, but fail to link it to a specific account, obscuring its source—despite Metro 2 tying it to the Base Segment’s account.

This segment ensures employment data is account-specific; errors like missing N1 data, multiple N1 entries, or unlinked employment info in the report header can be disputed as deviations from Metro 2’s standard. These inconsistencies provide a basis for dispute letters to CRAs, demanding clarity and accuracy per the industry format.