Segment Terms

    K2 Segment: Definition

    A segment for purchased account information.

    Definition

    The K2 Segment is used to report additional information about purchased or sold accounts. It includes details about the purchase date, sales indicator, and portfolio type. This segment provides context about the debt sale transaction.

    Usage Notes

    • Supplements K1 Segment information
    • Indicates whether debt was purchased
    • Provides additional sale transaction details

    Related Terms

    K1 SegmentCollection AccountDebt Buyer

    More Segment Terms

    Header Record
    The first record in a Metro 2 file containing identification info.
    Base Segment
    The main segment containing account and primary consumer data.
    J1 Segment
    A segment for reporting the first associated consumer.
    J2 Segment
    A segment for reporting the second associated consumer.
    K1 Segment
    A segment for reporting original creditor information.
    L1 Segment
    A segment for reporting changes to account numbers.
    N1 Segment
    A segment for employment information.
    Trailer Record
    The last record in a Metro 2 file containing control totals.

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