Fair Credit Reporting: 6.3.2.4 The Mechanics of Metro 2
Creditors use Metro 2 to provide periodic reports to one or more of the CRAs about their current accounts and those just closed out. Data may be transferred by electronic transmission, on data tapes, or by computer disks or cartridges. Normally the “computer dump” of credit data is made monthly, although it can be more or less frequent.91 Generally speaking, creditors convert or transfer their own data into the Metro 2 format so that updated information on their entire active customer base is transferred to the CRAs at one time.