General Credit History Information: Reading Your Report

t is important to understand what credit history information is contained in your credit report so that you can verify accuracy and report errors. Here is the basic credit history information that you will find on your report.

Personal information

Your full name and address, as well as an previous names or addresses you have had within the last several years will be listed.

Summary of Accounts and Public Records

A summary of the types of accounts that you have, such as mortgages, revolving balances (credit cards), and anything due to a collections agency will be listed, showing the total amount currently due in each category.

Public records such as bankruptcy, tax liens, child support and other monetary court judgments will appear on your credit history information as well.

Credit Inquiries

Whenever you apply for new credit, such as an auto loan, a mortgage, or a credit card, your credit is reviewed by the lender. The business name and date of inquiry will appear on your report.  You may find that current card holders also review your credit from time to time, especially when you have lates.  They review the report for address or telephone information as well as current employer information.

Account History

The following information for each account will appear:

  • Account number, often credit card holders do not provide all digits of credit account because they try to avoid fraudulent activity.
  • Type of account (revolving, installment, mortgage, etc.)  A revolving account is a credit card and installment accounts are usually car loans or furniture loans.
  • Balance due, the balance due amounts are reported only once every thirty days so it may not be recent
  • Average minimum monthly payment
  • Two years of monthly payment history (on time, 30 days late, 60 days late, etc)
Credit Scores

You will be assigned a credit score, a number between 350 and 800.  The higher the score, the better the credit.  An explanation will be provided to you regarding your score and will include both positive and negative aspects of your report.  The scores are given by TransUnion, Equifax and Experian.  They take an collect and review the overall credit history, balances, and other pertinent data to establish the score.



View all 3 of your FREE Credit Scores

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