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Credit
Report Details
There are four
primary categories of information contained in each type
of credit report:
Personal
Information
A credit report's personal information section includes
your:
-
Name
-
Current
and previous addresses
-
Social
Security number
-
Telephone
number
-
Date
of birth
-
Current
and previous employers
A credit report
does NOT include information regarding:
-
Race
-
Gender
-
Religion
-
Sexual
orientation
-
National
origin
-
Medical
history
-
Checking
or savings accounts
-
Credit
score
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Credit
History
A credit report's credit history section includes a listing
of all the credit accounts you have had in the last ten
years. Types of credit accounts include:
-
Retail
credit cards
-
Bank
loans
-
Finance
company loans
-
Mortgages
-
Bank
credit cards
The credit history
section shows creditors how well you have kept your financial
promises. Each entry in this section includes:
-
Account
number
-
Creditor's
name
-
Amount
borrowed
-
Amount
owed
-
Credit
limit
-
Dates
when the account was opened, updated, or closed
-
Timeliness
of payments
-
Late
payments (these are noted as a negative activity)
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Public
Records
A credit report's public records section includes:
-
Tax
liens
-
Bankruptcies
-
Court
judgments (including child support judgments)
Any negative
activity in this section reflects poorly on your creditworthiness.
Even if an item has been paid in full, the presence of even
a one-time occurrence indicates a potential future concern
for creditors.
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Inquiries
A credit report's inquiries section includes a listing of
all parties who have requested a copy of your credit
report. Your rights to privacy are protected by the
Fair Credit Reporting Act (FCRA), and therefore only inquiries
from those entities with a permissible purpose are granted
access to your report.
Inquiries that
do not appear on the business version of your credit report
are promotional inquiries or account management inquiries.
Both promotional and account management inquiries are not
counted as official inquiries.
Promotional
Inquiries
Vendors query our database based on a set of parameters
and receive mailing address information for individuals
matching their criteria. These vendors are not viewing your
report. They just want to give people who meet their parameters
a firm offer of credit or insurance.
Account Management
Inquiries
Credit grantors who have permission to review the credit
reports of their accountholders may do so on a periodic
basis. These are not counted as official inquiries.
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