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Credit Report

Credit Report

A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment accounts (e.g.. car loan). A credit report also includes information found from public records including tax liens and judgements.

A credit report is a report from a credit bureau containing detailed information about your credit history.

The credit report is the determining factor all lenders and creditors use when deciding your credit worthiness and ability to repay your debt.

A credit report includes the following information:

Personal Information

The personal information is used to identify the individual by their current address, passed address, and social security number. The personal information is used to distinguish the borrower from everybody else.

Public Records

Public records includes liens, foreclosures, bankruptcies, lawsuits and judgements.

Collection Agencies

A collection of past due debts that have been given to credit agencies to collect.

Creditor Information

This will include the identity of the creditor, the date the relationship began, the current status of each account including the outstanding balance, the maximum line amount if any, and the current status of passed delinquencies.


This identifies companies which have requested a consumers file within the last two years.

There are three major companies of credit reporting. Equifax, Experian, and Transunion. The information provided by these three companies is not exactly the same because not all creditors report to the same three.

Credit Score

Equal Credit Act

Debt Consolidation

Buying House with bad credit

Refinancing house with bad credit

Don't Let Bad Credit Stop You

Credit Problems, What You Can Do

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