Minimum Reporting Example
Credit bureaus typically require you to report your entire portfolio (tradelines) each month using the Metro 2® format. By meeting the minimum account requirement in the first month, you will automatically maintain compliance in subsequent months.
For example, if a bureau requires a minimum of 500 accounts:
- First Month – Report your entire portfolio, including accounts up to 6.5 years old (minimum 500 accounts).
- Second Month – Report the 500 previously reported accounts plus any new accounts (e.g., 50 new accounts, totaling 550).
- Third Month – Continue reporting the existing accounts along with newly added ones (e.g., 550 accounts + 35 new, totaling 585).
Note: You are not required to add 500 new tradelines each month—only to meet the ongoing reporting requirement.