K1 Segment ErrorsWarning

    K102K1 Invalid Creditor Classification

    The original creditor classification code is invalid

    Description

    The K1 segment includes a creditor classification that indicates the type of original creditor (bank, finance company, retailer, etc.). This code must be valid per Metro 2 specifications.

    Common Causes

    • Using non-standard classification codes
    • Classification not known for original creditor
    • Outdated code values

    How to Fix

    1. 1Use valid creditor classification codes
    2. 2Research original creditor type if unknown
    3. 3Default to appropriate general category if specific unknown

    More K1 Segment Errors

    K101
    K1 Original Creditor Name Missing

    Metro 2 code reference

    A rejected value is usually a wrong code rather than a wrong format. Every CRRG code set has a per-code page with its meaning and cross-field rules. Metro 2 codes: the complete cheat sheet puts all of them on one page.

    Account Status CodesPortfolio TypesAccount Type CodesTerms Frequency CodesPayment RatingsPayment History Profile CodesSpecial Comment CodesCompliance Condition CodesECOA CodesConsumer Information IndicatorsCreditor Classification CodesResidence Codes

    Catch Errors Before Submission

    The platform validates every field and catches errors like K102 before you submit to the credit bureaus.

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    K102: K1 Invalid Creditor Classification - Metro 2 Error