Ch 12 Overview

The video summarizes Chapter 12 of the Metro 2 Credit Reporting Resource Guide, helping readers use Metro 2 to accurately read credit reports, identify errors, and draft dispute letters to consumer reporting agencies (CRAs). Chapter 12 focuses on reporting guidelines for student loans—both federal (exempt from the Truth in Lending Act, with flexible interest and terms) and private—noting their complexity and variety of programs, which often confuse consumers as balances may not decrease despite payments. This chapter specifies how these tradelines should appear on credit reports.

Errors like incorrect balances, misreported terms, or program-specific discrepancies can be disputed using Chapter 12’s standards, providing a basis for dispute letters to CRAs to ensure accurate student loan reporting per Metro 2.