© ConsumerInfo.com, Inc. 2007 –
All Rights Reserved
A consumer credit report is a
document containing a factual record of an individual's
credit payment history. Credit grantors are permitted by
law to review credit reports to objectively determine
whether to grant a consumer credit. Lenders usually
report consumer credit payment information to the credit
bureaus. Most of the information in a consumer credit
report comes directly from the companies consumers do
business with.
Your Experian credit report contains
four types of information: identifying information,
credit information, public record information, and
inquiries.
Identifying information
includes:
-
Your name
-
Your current and previous
addresses
-
Your Social Security number
-
Your year of birth
-
Your current and previous
employers
-
If you're married, your
spouse's name
Credit information
includes credit accounts or loans you have with:
-
Banks
-
Retailers
-
Credit card issuers
-
Other lenders
Public record information
includes any information that's contained in state
and county court records, like:
-
Bankruptcies
-
Tax liens
-
Monetary judgments
Inquiries indicate to
other credit grantors that you have applied for new
credit, which could result in additional debt.
Potential lenders may view multiple recent inquiries
on your credit report as a sign you may be
overextending yourself.
Credit monitoring is the act of
monitoring your credit report for key changes like
inquiries or the opening of new accounts. Such changes
to your credit report could be indications of
unauthorized activity like fraud or identity theft.
Your credit report can change daily
as creditors and lenders report new information about
you to the credit bureaus. And with identity theft on
the rise, it's recommended that you check your credit
report regularly for signs of fraudulent activity.
CreditCheck® Monitoring checks your report daily and
notifies you by email when key changes are detected
because early detection is key to minimizing the damage
that mistakes and ID theft can have on your credit. So
start with your
free
credit report and 30 days of free CreditCheck
Monitoring now!
This promotional offer for first-time
customers includes a free copy of your credit report
with your free 30-day trial of CreditCheck Monitoring.
Your free trial membership also includes daily
monitoring of your credit report and email alerts of key
changes to notify you of information that may indicate
fraudulent activity. After your trial, your full
membership also includes unlimited credit reports,
giving you the information you need to understand where
your credit stands. We're sure that once you try it,
you'll agree with how valuable CreditCheck Monitoring
can be for your credit peace of mind.
Identity theft can affect many
aspects of your life, causing you to be turned down for
credit, denied a home rental, and could even cost you a
new job! CreditCheck Monitoring takes the work out of
constantly checking your credit report by monitoring
your credit daily for you and sending you email alerts
when key changes are detected. And don't forget that you
also have unlimited credit reports with your full
membership. Spotting signs of fraudulent activity early
is key to minimizing the damage it can do to your
credit.
A credit score is a three-digit
number that lenders and creditors use to determine a
consumer's credit worthiness. A higher credit score
could qualify an applicant for lower interest rates and
better terms on a loan or credit card, which could
translate into a savings of hundreds or thousands of
dollars over the life of a loan or the duration of a
credit card account.
Credit scores are calculated based on
the data in your credit reports. They can change over
time, sometimes on a daily basis, based on activity and
changes to your credit reports. That is why it's
important to stay on top of your credit reports for key
changes that could affect your credit scores, something
credit monitoring does automatically. It's the fastest,
easiest way to stay on top of your credit, other than
pulling your credit report on a daily basis, something
you can do as a paid member of CreditCheck Monitoring!
So take
advantage of your free credit report and 30-day free
trial of CreditCheck Monitoring.*
