Field 14RequiredAccount Information

    Metro 2 Field 14: Portfolio Type

    Single character indicating whether the account is installment, revolving, mortgage, open, or line of credit.

    Quick Reference

    Field Number:14
    Position:83-83
    Length:1 characters
    Type:code
    Record:Base Segment
    Required:Yes

    Allowed Values

    ValueMeaning
    CLine of credit
    IInstallment
    MMortgage
    OOpen (30/60/90 days)
    RRevolving

    Validation Rules

    • Must align with Account Type
    • Determines required/optional fields
    • Affects credit utilization calculations

    Examples

    IRM

    Common Errors

    • Revolving type with installment terms
    • Mortgage type with non-mortgage account type

    Tips & Best Practices

    • I = fixed payment loans (auto, personal)
    • R = credit cards, store cards
    • M = mortgages, home equity

    Related Fields

    15
    Account Type
    Two-character code indicating the type of account being repo...
    27
    Terms Duration
    For installment loans: the number of payments. For revolving...
    25
    Credit Limit
    The credit limit for revolving accounts. Leave blank for ins...
    26
    Highest Credit/Original Loan Amount
    For installment loans: the original loan amount. For revolvi...

    Other Account Information

    17AAccount Status27Terms Duration28Terms Frequency15Account Type10ECOA Code34Consumer Transaction Type

    Automate Field Validation

    Metro2 software automatically validates all fields against Metro 2 specifications, catching errors before submission.

    View PricingBrowse All Fields