Metro 2 payment rating codes
Payment rating is a one-character companion to account status. It matters most when the status describes an ending rather than a monthly condition, such as transferred, paid or closed, deed in lieu, or foreclosure. The status says what happened, and the payment rating says how far behind the account was at that moment. That's how a report can say an account is paid and closed and still show it was 60 days late when it closed. The values run from 0 for current through 6 for 180 or more days, plus G for collection and L for charge-off.
All 9 payment rating codes
- 0Current when the status was reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was current, meaning fewer than 30 days past due at that moment.
- 130 to 59 days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 30 to 59 days past due at that moment.
- 260 to 89 days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 60 to 89 days past due at that moment.
- 390 to 119 days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 90 to 119 days past due at that moment.
- 4120 to 149 days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 120 to 149 days past due at that moment.
- 5150 to 179 days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 150 to 179 days past due at that moment.
- 6180 or more days past due when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was 180 or more days past due at that moment.
- GIn collection when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was in collection at that moment.
- LCharged off when reportedWhen the account's status describes an ending, such as transferred, paid or closed, deed in lieu, or foreclosure, this rating says the account was charged off at that moment.
Other Metro 2 code families
- Account status codes 23
- Payment history profile characters 15
- ECOA codes 9
- Compliance condition codes 10
- Special comment codes 37
If a code on your report is wrong, you can dispute it with the bureau or with the company that reported it. Start with how to dispute a credit report error, then use the free letter builder to write it. Look up any code.