Financial Education: Your Credit
What is a Credit Report? |
How to Get a Copy of Your Credit Report |
How to Read a Credit Report |
Build and Repairing Credit |
What is a Credit Report?
Credit Reports from each of the
credit agencies look different
but contain the same basic information. Typically, a credit report contains:
• First, identifying information including: name, social security number,
current and previous addresses, telephone number, birth date, current and previous
employers, spouse's name
• Second, a credit report contains your credit history. That is, your
account record with different creditors. It will show how much credit has been extended
and how you have repaid it.
• Third, a credit report contains inquiries, or a list that identifies
creditors and other authorized parties who have requested and received your credit
• Fourth, a credit report contains
public record information.
These are items that are matters of public record, such as collection accounts,
bankruptcies, foreclosures, tax liens, civil judgments, and late child support payments.
Now, you can find out
what a credit report does NOT contain.