CREDIT TERMS - P
 

Reflects the previous history of the account, including any delinquencies or derogatory conditions occurring during the previous seven years (i.e., Current account, delinquent 30, current was 60, redeemed repossession, charge-off - now paying, etc.)

There are legally defined permissible purposes for a credit report to be issued to a third party. Permissible purposes include credit transactions, employment purposes, insurance underwriting, government financial responsibility laws, court orders, subpoenas, written instructions of the consumer or legitimate business needs.

Includes information associated with your records that has been reported to us by you, your creditors and other sources. It may include name variations, your driver's license number, Social Security number variations, your date or year of birth, your spouse's name, your employers, your telephone numbers, and information about your residence. As part of our fraud prevention program, a notice with additional information may appear in this section.

A general explanation about the information on your report that will appear at the beginning of your report.

If a consumer files a bankruptcy, but a judge has not yet ruled that it can proceed, it is known as bankruptcy petitioned.

One who initially brings legal action against another (defendant) seeking a court decision.

Refers to the assignment of values to a number of characteristics identified as indicators of a person's creditworthiness (e.g., past history) and is based on the same evaluation process used by a credit grantor in the analysis of an applicant's creditworthiness.

This section of the credit report lists any potentially negative credit items or public records that may have an effect on your creditworthiness as viewed by creditors. It includes the creditor's name and address, your account number, the status, type and terms of the account, and additional information as reported to us by your creditors. It also includes bankruptcy, lien or judgment information obtained directly from the courts.

Included as part of the credit report, this information is limited to tax liens, lawsuits and judgments that relate to the consumer's debt obligations.