What's In Your Credit Report?

What's In Your Credit Report? Credit reports are compiled by credit bureaus--private, for-profit companies that gather information about your credit history and sell it to banks, mortgage lenders, credit unions, credit card companies, department stores, insurance companies, landlords and some employers. Credit bureaus get most of their data from creditors and collection agencies. They also search court records for lawsuits, judgments and bankruptcy filings. And they go through county records to find recorded liens (legal claims) against property. Non-credit data made part of a credit report usually includes names you previously used, past and present addresses, Social Security number, employment history, and current and previous spouses' names. Your credit history includes the names of your creditors, type and number of each account, when each account was opened, your payment history, your credit limit or the original amount of a loan, and your current balance. The report will show if an account has been turned over to a collection agency or is in dispute. The report also lists creditors that have requested information about you in the past year or two. How can I get a copy of my credit report? For free information on where and how to obtain your free annual credit report Visit: CreditLady.com http://www.creditlady.com now!