Staying Current with Metro 2® Format: What Data Furnishers Need to Know

The Metro 2® format is the credit industry's standardized method for reporting consumer credit information to the major credit bureaus. As a data furnisher, understanding and complying with Metro 2® requirements is essential for accurate reporting and regulatory compliance.

What is the Metro 2® Format?

The Metro 2® Format is maintained by the Consumer Data Industry Association (CDIA) and serves as the standard electronic format for reporting credit data to Equifax, Experian, and TransUnion.

Why Format Compliance Matters

Following Metro 2® specifications isn't just about technical accuracy—it's a compliance requirement under the FCRA. Inaccurate or improperly formatted data can:

• Result in rejected data files from credit bureaus
• Lead to inaccurate consumer credit reports
• Create compliance violations and potential legal liability
• Damage your relationship with credit bureaus
• Harm consumers' ability to access credit

Key Metro 2® Requirements

Required fields: The Metro 2® format specifies mandatory fields that must be included for each account.

Data format standards: Each field has specific formatting requirements. Dates must be in MMDDYYYY format, monetary amounts must follow precise specifications.

Character limits: Fields have maximum character lengths that must be respected.

Valid codes: Many fields use specific codes for account types, payment status, compliance conditions, and other indicators.

How M2 Reporter Keeps You Compliant

M2 Reporter automatically:

• Validates data against current Metro 2® format requirements
• Formats dates, amounts, and codes correctly
• Checks for missing required fields before submission
• Updates to support new format versions
• Provides error messages to help you correct data issues