​"Fixing" credit using the metro 2 format

There is a lot of information on the internet about "fixing" personal credit using the ​Metro 2® Format. You can find various videos claiming the Metro 2® Format can be used to "erase" negative credit from your credit reports. This is not accurate. No one promising to repair your credit can legally remove information if it’s both accurate and current. 

The Metro 2® Format is a standard electronic data reporting format issued by the Consumer Data Industry Association (CDIA) used by data furnishers such as banks, credit unions, consumer credit card companies, retailers, and auto finance companies to report credit information to the credit bureaus. It is designed to help data contributors provide quality consumer credit data and comply with the Fair Credit Reporting Act (FCRA).

​If you have errors on your credit report, you can dispute them with the credit bureaus. You can also work with a credit repair company that can help you identify errors on your report and dispute them on your behalf.

If you are looking for a credit repair service, need help understanding your credit report and score or looking for ways to improve your credit health, check out the Credit Versio web page.