Metro 2 Payment History Profile Code 2: 60 Days Past Due

Specification

Code	2
Meaning	60 Days Past Due
Field	Payment History Profile (Field 18)
Record	Base Segment
Length / position	24 chars · 112–135
Category	Early Delinquency
CRRG reference	CRRG Base Segment field definition, Payment History Profile

Means two scheduled payments are outstanding, not that the consumer has been silent for 60 days. A borrower who makes a partial payment can still roll from 1 to 2 if a full contractual payment remains unmade.
In a healthy string, 2 sits immediately in front of a 1 when read from older to newer months, because the account walked the ladder. A 2 with a 0 directly behind it in time means the account went from current to two cycles behind in one month, which is usually a data problem rather than a real event.
A cure from 2 goes straight to 0 in the month the account is brought fully current. There is no requirement to step back down through 1.
Does NOT mean the account is in collection or charged off. Those are separate characters with separate statuses.
Does NOT change the Date of First Delinquency. The date was set when the account first went delinquent and stays fixed through 2, 3, 4, 5 and 6.

1A credit union reports an auto loan where the borrower missed both the March and April instalments; March reports 1 and April reports 2.
2A card issuer reports a cardholder two statement cycles behind after a disputed autopay failure was not caught in time.
3A mortgage servicer reports a borrower who missed two consecutive monthly instalments during a period of unemployment.
4A personal-loan lender reports the second consecutive missed payment before the account is referred to internal recovery.

Advance from 1 to 2 only when a second full contractual payment goes unmade. A partial payment that does not satisfy a full instalment does not stop the roll.
Keep the Date of First Delinquency fixed at the original delinquency, not the month the account reached 60 days.
Update Amount Past Due to reflect two outstanding payments in the same record.
Do not skip rungs. If your servicing system produces a 0 followed by a 2 in adjacent months, investigate the gap before filing.

A file can be structurally valid and still be wrong. These are the cross-field conditions Payment History Profile Code 2 has to satisfy.

Position 1 must match the current Payment Rating. A 2 in position 1 pairs with Payment Rating 2 (60 to 89 days past due).
2 in position 1 corresponds to Account Status 78 (60 to 89 days past due).
A Date of First Delinquency must be present. By the time an account reaches 60 days the original delinquency is at least two months old and is a reportable date.
Amount Past Due should be roughly two scheduled payments, and Current Balance should be consistent with an account that has not been paid down for two cycles.
No gaps: the run of delinquency characters must be consecutive from position 1 backward through the months it covers.