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Payment Status
|
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.) |
|
Permissible Purposes
|
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. |
|
Personal Information
|
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. |
|
Personal Statement
|
A general
explanation about the information on your report that will
appear at the beginning of your report. |
|
Petition
|
If a consumer
files a bankruptcy, but a judge has not yet ruled that it can
proceed, it is known as bankruptcy petitioned. |
|
Plaintiff
|
One who initially
brings legal action against another (defendant) seeking a
court decision. |
|
Point Scoring
|
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. |
|
Potentially Negative Items
|
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. |
|
Public Record Data
|
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. |
|
Every