CDFI Credit Reporting Training

What FCRA §623 actually requires of you as a data furnisher, with a focus on the parts that nonprofit lenders most often miss.

• Definition of a 'furnisher' and how §623 attaches the moment you submit your first Metro 2 record.
• Accuracy duty + reasonable procedures (the Furnisher Rule).
• Notice-of-furnishing requirement under §623(a)(7) for borrowers.
• Dispute response under §1022.42 / §1022.43.

How to map a credit-builder loan to Metro 2 — Account Type, Portfolio Type, terms_frequency, and the J2 segment for co-signed loans.

• Account Type 01 (Unsecured) for cash-secured payments; 03 (Share secured) when the proceeds are held in a share account.
• Portfolio Type I (Installment) — never O for fixed-term builders.
• $0-scheduled-payment edge cases for borrower-paused builders.
• Co-signer reporting: J2 segment + ECOA code 2 (joint).

ECOA + FCRA adverse-action notice rules — what's required vs what's good practice for a mission-driven lender.

• FCRA §615(a) notice trigger when credit data drove an adverse decision.
• ECOA §202.9 statement of specific reasons (separate from FCRA).
• Sample templates for grant-funded program denials.
• Recordkeeping (25-month retention) under Regulation B.

The CRRG patterns for 0% loans, sponsor-subsidized programs, and how to use Special Comments to keep the bureau picture accurate.

• Why 0% loans without a Special Comment look like reporting errors.
• Special Comment codes for sponsor-subsidized programs.
• Tracking sponsor relationships in your mapping template for audit purposes.
• FCRA posture: a $0 minimum-payment loan is still 'credit' as long as the borrower has an obligation to repay.

How to set up your dispute workflow before you have a dispute. Roles, SLAs, and the bare-minimum process that satisfies §1022.43.

• 30-day investigation window from receipt (45 days if information requested).
• What an e-OSCAR ACDV looks like and how to read one.
• Direct-dispute path under §623(a)(8).
• Recordkeeping: what to retain and for how long.

When do you stop reporting? The 7-year rule, the 10-year exception, and why DA is not your friend.

• §605(a)(4): seven-year clock starts at the date of first delinquency.
• §605(b)(1): ten-year window for bankruptcy.
• Why account status DA is for error corrections only — obsolete accounts are OMITTED.
• How Metro2 enforces this at file generation.

What CDFI Fund certification + 501(c)(3) status unlock in Metro2 — and how to keep them current.

• EIN lookup against IRS Tax Exempt Organization Search.
• CDFI Fund certified-list nightly sync into our reference table.
• What unlocks the verified badge (vs. just the nonprofit pricing tier).
• Re-verification cadence + what happens if your cert lapses.

We're complementary to Credit Builders Alliance, not a replacement. Here's how customers structure 'both' so they get the training + community from CBA and the reporting infrastructure from us.

• Use CBA for FCRA technical assistance + member community.
• Use Metro2 for the actual furnishing pipeline + multi-bureau submission.
• Where the value-prop genuinely overlaps (and where it doesn't).
• Common configurations for small / mid / large CDFIs.