Credit Report & Scores » Report Advice

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

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

If you’re in serious debt and can’t keep up with repaying loans and credit...

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

I have paid off an account that previously had a late payment mark...

How Long Late Payments Stay on Credit Report

How long does a negative payment status of "Paid, Past due 30 days"...

Can inquiries be removed from my credit report?

If an inquiry is the result of fraud, it can be removed. If the...

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

Inquiries can have small impact on credit scores

I haven’t had negative activity on my credit report for over two years,...

When is a Collection Account Deleted

Is it legal for a collection agency to submit an account that they...

The Impact of Paying a Collection Account on Credit Scores

Does settling a debt that is showing negative on my credit report as...

How to Increase Your Credit Limit

To increase your credit limit on your credit card, the first step is simply...

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