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Report Advice

Your credit report is a snapshot of your credit history that contains information about how much debt you have, how much credit is available to you, and whether or not you make your payments on time. It also contains identifying information and public records, including liens and bankruptcies. Credit reports are used by lenders to make decisions about creditworthiness.

Latest Articles

The Impact of Requesting Lower Credit Limits

If I lower my credit limits on my credit cards, does that lower...

How Long Does a Bankruptcy Stay on Your Credit Report

When consumers have more debt than savings and are faced with mounting bills and...

What Is Chapter 7 Bankruptcy?

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What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy helps people struggling with debt by putting them on a repayment...

Revolving Credit: What It Is and How to Use It

Revolving credit is a type of debt generally associated with credit cards because as...

Recent Late Payments Hurt Credit Scores the Most

Why has my credit score dropped 42 points? There is a late payment...

Bankruptcy: Chapter 7 vs. Chapter 13

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Cleaning Up Your Credit Report Has Never Been This Easy

Around the time I file my taxes, I try to do some other financial...

Late Payments Not Deleted After Account Paid Off

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How Long Late Payments Stay on Credit Report

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Can medical bills affect your credit report?

Your medical history is not part of a credit report, but past due medical...

What Derogatory Means on Your Credit Report

What does “derogatory” mean when it shows up on my credit reports? - JUA

What is Included in a Credit Report?

  • Identifying Information: your full name and any variations you’ve used, current and past addresses, your Social Security number, employer information, and (if applicable) your spouse’s name
  • Public Records: including bankruptcies, tax liens, and civil judgments
  • Debts and Payment History: debts you currently owe, such as mortgages, credit cards, and auto loans, and your payment history for those accounts
  • Recent Inquiries: a list of anyone who has recently inquired about your credit history