TransUnion makes it easy for you to get the credentialing and reporting requirements you need to successfully report data to TransUnion and acquire the Metro 2 Format. The links below provide valuable information about our transmission requirements and testing process, as well as helpful recommendations for locating software providers for this process.
The credentialing process is intended to ensure compliance with TransUnion business practices and policies as well as applicable laws, rules, regulations, and standards that apply to TransUnion’s businesses. Depending on the particular TransUnion product or service, the legal regulations may include but are not necessarily limited to, Section 604 (Permissible purposes of Consumer Reports) and Section 607 (a) (Compliance Procedures; Identity and Purposes of Credit Users) of the Fair Credit Reporting Act (FCRA), Section 6802(e) of the Gramm-Leach-Bliley Act, Title V, Subtitle A (Financial Privacy), related rules promulgated by Federal Trade Commission (FTC), and the standards established by Civil Case No. 1 06-CV00198 (United States of America v. Choicepoint Inc.)
Generally, items required for credentialing the prospective customer include:
At a high level, the requirements are:
TransUnion 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.
The Metro 2 format is the industry standard file format for reporting consumer credit information. Reporting in the Metro 2 Format greatly benefits the credit grantor, the consumer reporting agencies and your customer by:
The Credit Reporting Resource Guide (CRRG) was created by the Consumer Data Industry Association (CDIA) to assist Data Providers with reporting credit information to the credit bureaus. The CRRG contains detailed information regarding the Metro 2 format such as: required fields, account type codes, account status codes, bankruptcy indicators, account number changes, payment history, and delinquency reporting.
Electronic transmissions are a secure and safe method of reporting. TransUnion requires all data to be transmitted in the most secure method possible, which is Electronic Data Transmission.
TransUnion cannot recommend a specific software provider; however, several can be located via internet searches.
Testing and Approval
Once credentialing has been completed and a file has been successfully submitted via EDT, testing will begin. All new customers must submit their credit file to TransUnion for testing and approval. Samples of the test data will be emailed to you for review prior to the actual loading of any data. Included will be an approval letter that will need to be signed and returned to move your program to production.
Testing time can vary if issues need to be corrected and multiple test files need to be submitted. Files submitted by first-time data providers are tested and reviewed to ensure that they are formatted correctly according to the Metro 2 guidelines and adhere to FCRA regulations. Any issues identified during the testing process will be discussed with the data provider prior to loading the data into production. This may result in the need for the data provider to make corrections and submit a new file for review.
For assistance with understanding the results of an approval package or accessing the approval package, please contact your Data Reporting Representative. If you do not know who your Data Reporting Representative is, please contact our Service Desk at (800) 813-5604 for assistance.