Overview

According to a recent CFPB study, one in four consumers are likely to have a third-party collections tradeline on their credit file. As a result, the CFPB will continue to pay substantial attention on how companies, especially debt collectors and debt buyers, report information to consumer reporting agencies.

To help you meet your consumer credit reporting requirements and mitigate consumer complaints about the debt collection process, the CDIA Metro 2® Format Task Force presents this webinar, specifically designed for third party collection agencies and debt buyers, to address reporting requirements regarding disputed accounts, healthcare accounts, payments and settlements, including both industry and legislative requirements.

With a focus on the various Metro 2® data fields and codes specifically used by third-party collection agencies and debt buyers when reporting consumer credit account information, this webinar also includes sample scenarios and examples to demonstrate the accurate reporting of accounts.