Need help with personal credit repair? Please check out our Credit Repair page.
Have questions? Contact us at (800) 942-0470 or by email.
Below are the steps for getting set up for consumer and/or commercial credit reporting for your business.
Step 1: Meet the Minimum Reporting Requirements
- Establish a Data Furnisher agreement with each credit bureau you want to report to (see details in step 2 below)
- Meet the minimum reporting guidelines of each credit bureau you are reporting to (see details in step 2 below)
- Purchase M2R software license - Data providers must send data electronically in Metro 2® format which requires Metro 2® software for formatting
- The entire portfolio must be reported every month (e.g., all current, delinquent, and charged-off accounts)
- Use of e-OSCAR for managing off-cycle updates and consumer disputes - For more information on e-OSCAR, please visit www.e-oscar.org
Step 2: Establishing a Data Furnisher Agreement
You must establish a Data Furnisher Service Agreement with each credit bureau agency you wish to report to:
Equifax
In order to report your consumer/commercial account data to Equifax, you must meet the minimum requirements above plus:
- Data Furnishers that have fewer than 500 records to report each month may be required to subscribe to Automated Data View, a tool that allows furnishers to review their tradeline as it appears on the Equifax credit report, at a subscription fee of $50.00/month
- Become an Equifax Data Contributor - Begin the sign-up process by reviewing the information and filling out the form
TransUnion
In order to report your consumer/commercial account data to TransUnion, you must meet the minimum requirements above plus:
- TransUnion usually requires a minimum of 100 records in order to begin reporting
- Data Providers should report consumer account updates once per month at the end of a billing cycle for their complete file (accounts in good standing and delinquent accounts)
- Notify TransUnion prior to making any changes to your reporting frequency
- To get established as a Data Furnisher, please contact your Data Reporting Representative. If you do not know who your Data Reporting Representative is, contact TransUnion's Client Services Department at 1-800-730-0126 or email clientsvcs@tusales.com
Experian
In order to report your consumer/commercial account data to Experian, you must meet the minimum requirements above plus:
- To get started as a data furnisher and start reporting consumer credit data to Experian, call 1-800-831-5614 and select option 3
- Or fill out this form - You will need to request information about becoming a data furnisher for reporting consumer and/or commercial credit history via the Metro 2® format
Innovis
In order to report your consumer/commercial account data to Innovis, you must meet the minimum requirements above plus:
- To start reporting consumer credit data to Innovis, call 1-855-703-9292
- Or fill out this form - You will need to request information about becoming a data furnisher for reporting consumer and/or commercial credit history via the Metro 2® format
Step 3: Getting Started with M2 Reporter Software