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.
report is a report from a credit bureau containing detailed information
about your credit
credit report is the determining factor all lenders
use when deciding your credit worthiness and ability to repay
credit report includes the following information:
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.
records includes liens,
of past due debts that have been given to credit
agencies to collect.
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.
identifies companies which have requested a consumers file within the
last two years.
are three major companies of credit reporting. Equifax,
The information provided by these three companies is not exactly the same
because not all creditors report to the same three.
House with bad credit
house with bad credit
Let Bad Credit Stop You
Problems, What You Can Do