Credit Report

Credit Reports

A credit report is the information about you on file at one or all of the three major credit reporting agencies Equifax, Experian and TransUnion. These credit bureaus agencies maintain information about your life and finances. Each one has their own information, so the information they have about you on file may differ.

2) Credit Lines.
These are your loans or lines of credit. Lenders report to the credit bureaus the type of account you have with them such as credit card, auto loan or mortgage. They also report when you opened the account, the credit limit, loan amount, account balance and your payment history.

3) Inquiries.
Every time you apply for a loan the potential lender requests a copy of your credit report. The credit bureau maintains a list of everyone who accessed your credit report within the last two years. The report contains both, voluntary inquiries, your own requests for credit, and involuntary inquires, ones made by the lenders.

4) Public Record.
Credit bureaus also collect public record information from state and county courts. Public record information includes bankruptcies, foreclosures, suits, wage attachments, liens and judgments.

Information On A Credit Report
The information on your credit report is broken into 4 categories Identity, Credit Lines, Inquires and Public Records. Below is the information for each category:

1) Identity
This would include your name, address, Social Security number, date of birth and employment information. These factors are not used in scoring.