K2 Segment ErrorsWarning

    K202K2 Purchased From Name Missing

    The name of the seller is missing in K2 segment

    Affected Field
    Purchased From Name

    Description

    When using the K2 segment for purchased accounts, the name of the entity from whom the portfolio was purchased should be included to maintain audit trail and transparency.

    Common Causes

    • Seller information not retained
    • Multiple purchases obscuring original seller
    • Field not populated in source

    How to Fix

    1. 1Maintain seller information through purchase chain
    2. 2Include most recent seller name
    3. 3Populate field when K2 segment is required

    More K2 Segment Errors

    K201
    K2 Portfolio Sale Date Missing

    Catch Errors Before Submission

    Metro2 software validates every field and catches errors like K202 before you submit to the credit bureaus.

    View PricingBrowse All Errors