CDIA has released Important Metro 2® Guidance concerning reporting forbearance information
Due to the recent government shut down many government employees are not being paid due to lack of funding. The Consumer Data Industry Association (CDIA) is issuing guidance to companies that furnish data to consumer reporting agencies who may put an account into forbearance as a result of a consumer’s inability to make payments due to the government shutdown, or for other reasons (See FAQ 45 document below).
CONSUMER DATA INDUSTRY ASSOCIATION®, CDIA®, the CREDIT REPORTING RESOURCE GUIDE®, and METRO 2® are registered trademarks or trademarks of the Consumer Data Industry Association in the United States and/or other countries. Neither M2 Reporter nor its products or services are affiliated with or endorsed by the Consumer Data Industry Association or CDIA.
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