Metro 2 Special Comment Code BT: Paid by Government

Specification

Code	BT
Meaning	Paid by Government
Field	Special Comment (Field 31)
Record	Base Segment
Length / position	2 chars · 213–214
Category	Paid by a Third Party
CRRG reference	CRRG Exhibits 6 & 7 (Special Comment Codes)

BT names the payer as a government entity or program. The obligation was satisfied with public funds, not the borrower's.
BT is most common in guaranteed lending, where an agency honors a guarantee after default.
BT does NOT mean the borrower is free of all obligation. A guarantor that pays a lender may retain its own claim against the borrower, which is a separate matter from this tradeline.
BT does NOT erase the delinquency history that triggered the payment.
BT describes a completed payoff event and is terminal on the tradeline.

1A guaranty agency pays a defaulted guaranteed student loan and the lender's tradeline is satisfied.
2A federal agency honors a loan guarantee on a defaulted small-business loan.
3A relief program pays a borrower's remaining balance under a documented assistance initiative.
4A housing agency satisfies the outstanding balance on a subsidized loan following a claim.

Report BT only when a government payer actually satisfied the balance on your books.
Populate Date Closed and report a zero Current Balance in the same record.
Do not use BT for a routine subsidy payment on a performing account; this comment describes the payoff of the balance.
If the obligation was transferred to the agency rather than paid, report the transfer accurately instead of implying a payoff.
Keep the pre-payoff delinquency history intact.

A file can be structurally valid and still be wrong. These are the cross-field conditions Special Comment Code BT has to satisfy.

Current Balance and Amount Past Due must be zero, with Date Closed populated.
Account Status should reflect the real outcome for the cycle, including any government-claim status the portfolio uses, rather than a plain paid-as-agreed status.
If the balance moved to the agency instead of being paid, a K2 Purchased From/Sold To Segment and a transfer comment describe it more accurately than BT.
Date of First Delinquency stays anchored to the original delinquency that led to the claim.
Portfolio Type is typically I (Installment) or M (Mortgage) for guaranteed lending programs.