Ch 4 Base Segment Field 12

The video discusses Base Segment Field #12, "Highest Credit or Original Loan Amount," 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 varies by the five portfolio types (Field #8): line of credit, open, and revolving accounts report the highest credit amount utilized by the consumer, while installment and mortgage accounts report the original loan amount, excluding interest.

Understanding these rules allows comparison with credit report data—e.g., an installment loan showing a high credit instead of the original amount signals an error. Such inconsistencies, given Metro 2’s standardized format across bureaus, provide a basis for dispute letters to challenge accuracy.