Ch 4 Base Segment Field 10

The video examines Base Segment Field #10, "Date Opened," from Chapter 4 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). This field requires reporting the date an account was originally opened, with the original date retained despite events like transfers, refinances, or lost cards—applicable to the original creditor. However, a later Metro 2 chapter on debt collectors and buyers specifies that they should report the date they received the account, not the original opening date. This discrepancy raises a key question: if all bureaus follow the same Metro 2 standard, why do "Date Opened" entries sometimes differ across reports?

Inconsistent dates—whether from creditor vs. collector rules or bureau errors—offer a factual basis to dispute accuracy, leveraging Metro 2’s standardized expectations in letters to CRAs.