|
CCFCofAmerica.com Comprehensive Counseling for Consumers of America |
|
Your Source for Free Credit, Debt and Mortgage Information |
CreditUnderstanding Credit Credit Counseling ID Theft & Credit Fraud Free Credit Report Credit Cards Credit Directory Credit Repair Tutorial Debt Debt Management Debt Collection Bankruptcy Debt Directory Debt-Free Tutorial Make Money Now Business Opportunities Mortgages and Loans Mortgages & Loans 101 Homeowners First Time Home Buyer Mortgage Directory Free Publications Credit and Debt Upgrade Your Credit Financial News Credit, Debt & Mortgage CCFCofAmerica.com Company Advertising Employment Site Map Privacy Policy Terms of Service Contact Us |
Learn How To Read Your Credit ReportEach credit bureau (Experian, Equifax and TransUnion) has their own set of credit report standards. But, there are some overall universal standards, such as those listed here. Credit Report SectionsThe top section on the first page your credit report contains your personal information, such as: The second section on the first page of your credit report contains either the start of your credit summary or your public records information. Which one is first and which one is placed second depends on where you pull your credit report from and which credit bureau you are using. Either way, the credit summary section contains a summary of all of open, closed, derogatory and collection credit accounts. For example, if you have three credit cards and a student loan, this section would state how many accounts you have and how much is owed in total for all of these accounts - not the account details. The public records section contains information such as bankruptcy filing, judgments, property and tax liens. The next section of your credit report is the account history section, sometimes also
referred to as the credit history section (this section might also go by another name
depending on the credit report), which contains all of your account details. Including:
The next section of your credit report is the inquiry section. This section contains a list of all businesses that have reviewed your credit file in the past 24 months. Please note that your current creditors can also periodically review your credit report without first notifying you. The last section, normally referred to as the additional information section, is located either on the first page of your credit report (below your personal information section), before the inquiry section or after the inquiry section. The additional information section consists of previous addresses and employers that were reported by your creditors.
|
|