Results for tag: "Metro 2"

The Metro 2 market is a credit reporting industry standard for the exchange of consumer credit information between credit bureaus and lenders. It is used to provide lenders with a comprehensive view of a consumer's credit history, including both positive and negative information. The Metro 2 format is designed to ensure that credit information is accurately reported and that lenders have access to the most up-to-date information. The Metro 2 market is an important part of the credit and loan industry, as it helps lenders make informed decisions about loan applications. The Metro 2 market is managed by the Consumer Data Industry Association (CDIA), which sets the standards for the format and ensures that the data is accurate and up-to-date. Companies that participate in the Metro 2 market include Experian, Equifax, TransUnion, and Innovis. Additionally, many banks, credit unions, and other lenders use the Metro 2 format to access consumer credit information. Show Less Read more