Field 27OptionalAccount Information

    Metro 2 Field 27: Terms Duration

    For installment loans: the number of payments. For revolving: use 'REV'. For open accounts: use 'LOC' or leave blank.

    Quick Reference

    Field Number:27
    Position:191-193
    Length:3 characters
    Type:alphanumeric
    Record:Base Segment
    Required:No

    Allowed Values

    ValueMeaning
    001-999Number of payments for installment
    REVRevolving credit
    LOCLine of credit/open account

    Validation Rules

    • Use numeric for installment loans
    • Use 'REV' for revolving accounts
    • Must align with Portfolio Type

    Examples

    060036REVLOC

    Common Errors

    • Using 'REV' for installment loan
    • Using numeric for revolving account

    Tips & Best Practices

    • Typical auto loans: 036, 048, 060, 072
    • Typical mortgages: 180, 240, 360

    Related Fields

    28
    Terms Frequency
    Indicates the frequency of payments. Most common is 'M' for ...
    14
    Portfolio Type
    Single character indicating whether the account is installme...

    Other Account Information

    17AAccount Status28Terms Frequency15Account Type14Portfolio Type10ECOA Code34Consumer Transaction Type

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