The Consumer Data Industry Association (CDIA) and the Metro 2® Task Force have approved a new Special Comment Code regarding accounts included in a Debt Extinguishment. The new code, “DE = Debt Extinguished Under State Law“, is now available for reporting.

By definition, it must be noted that this Special Comment Code is specific to only certain state laws.

To view the entire Metro 2® announcement, please click here, or visit the Metro 2® portion of the CDIA website.

For questions questions regarding the new Special Comment Code, please contact CDIA and the Metro 2® Task Force at metro2info@cdiaonline.org.