K2 Segment ErrorsWarning

    K201K2 Portfolio Sale Date Missing

    The purchased portfolio date is missing in K2 segment

    Affected Field
    Date Purchased

    Description

    The K2 segment reports purchased portfolio information. When an account is sold, the K2 segment should include the date the portfolio was purchased. This date is important for establishing the reporting timeline.

    Common Causes

    • Sale date not recorded during acquisition
    • Field not mapped from source system
    • Date format conversion issues

    How to Fix

    1. 1Record sale date when acquiring portfolios
    2. 2Map date field correctly in Metro 2 generation
    3. 3Validate date format before generation

    More K2 Segment Errors

    K202
    K2 Purchased From Name Missing

    Catch Errors Before Submission

    Metro2 software validates every field and catches errors like K201 before you submit to the credit bureaus.

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