Ch 4 Base Segment Field 24

The video covers Base Segment Field #24, "Date of Account Information," from Chapter 4 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). This field specifies the date reflecting the reporting period, tying directly to Fields #17A (account status), #17B (payment rating), #18 (payment history), and #19 (special comments). It varies by reporting type—cycle-based (e.g., credit cards) or monthly (e.g., mortgages)—but fundamentally marks the snapshot date for account data.

Ensuring this date aligns with related fields is key; inconsistencies (e.g., mismatched status or history dates) signal errors under Metro 2’s standard, offering a basis for dispute letters to CRAs to correct inaccuracies.