Credit Bureau Reporting

Use the CB Detail panel to view and update credit reporting information for the account displayed in the Work Form. To view the panel, your administrator must have selected the panel in the Work Form Panels permission.

Reporting files

Latitude credit reporting files are in compliance with the Metro2 reporting guidelines.

• Metro2 file is in 426 character format, variable length.

• Responsible parties are in the J2 segments of the Metro2 file.

• Original creditor information is in the K1 segment of the Metro2 file.

Reporting options

Depending on your system configuration, you can:

• Report principal only, instead of the total account balance.

• Report co-debtors, instead of just the primary debtor on the account.

• Extend the reporting of an account beyond the configured wait days. This feature allows you to suspend reporting while you are in negotiations with a debtor.

• Flag returned accounts for deletion from credit bureau reporting.