Do you have a question about consumer credit? You may find an immediate answer by using the search engine. If you can't find what you're looking for, please fill out the form, being as specific as possible.
Please note: The Ask Experian team cannot respond to each question individually. However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future column.
The information contained in this column if for educational purposes only and is not legal advice. You should consult your own attorney or seek specific advice from a legal professional regarding your particular situation.
Please understand that Experian policies change over time. Column responses reflect Experian policy at the time of writing. While maintained for your information, archived responses may not reflect current Experian policy.
Topics addressed on September 20, 2006:
Car accidents don’t affect your credit report
Does having a car accident hurt your credit score?
Having an accident will not affect credit scores because your credit report does not include information about car accidents.
Your credit report only includes debt related information. That includes your credit accounts and public records that involve debts or monetary obligations, including court judgments, bankruptcy and tax liens.
The only way the accident could affect your credit report is if you were sued as a result and were ordered by the court to pay damages, or if the insurance companies did not cover all of the costs resulting from the accident, and you had to pay some amount personally but failed to do so. In that instance, the amount you were required to pay could be sent to a collection agency, which would then report the debt to Experian.
You should get a copy of your credit report if you are concerned that something resulting from the accident is being reported. After reviewing your credit report you will have a much better idea of what, if anything, from the accident is being reported, as well as what further actions you may need to take.
Thanks for asking.
- The "Ask Experian" team