Segment Terms
L1 Segment: Definition
A segment for reporting changes to account numbers.
Definition
The L1 Segment is used to report changes to account numbers or consumer identification numbers. When an account number changes, this segment provides both the old and new numbers to ensure credit bureaus can properly maintain the account history under the new number.
Usage Notes
- Used when account numbers change
- Contains both old and new numbers
- Helps maintain account history continuity
Related Terms
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.
K2 Segment
A segment for purchased account information.
N1 Segment
A segment for employment information.
Trailer Record
The last record in a Metro 2 file containing control totals.
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