|
|
The most recent
balance on an account as reported by the creditor.
|
|
|
The most recent
amount paid on an account as reported by the creditor.
|
|
|
This means that a
lien has been satisfied in full.
|
|
|
A 10-digit number
that uniquely identifies each personal Experian credit report.
This number should always be referenced when you contact us.
|
|
|
On the credit
report, the date the creditor started reporting the account to
Experian.
|
|
|
A creditor's
taking possession of property pledged as collateral on a loan
contract on which a borrower has fallen significantly behind
in payments.
|
|
|
If you believe
that information on your report is inaccurate, we will ask the
sources of the information to check their records at no cost
to you. Incorrect information will be corrected; information
that cannot be verified will be deleted. Experian cannot
remove accurate information. An investigation may take up to
30 days. When it is complete, we'll send you the results.
|
Request for Your Credit
History
|
When a credit
grantor, direct marketer or potential employer makes a request
for information from a consumer's credit report, an inquiry is
shown on the report. Grantors only see credit inquiries
generated by other grantors as a result of an application of
some kind, while consumers see all listed inquiries including
prescreened and direct marketing offers, as well as employment
inquiries. According to the Fair Credit Reporting Act, credit
grantors with a permissible purpose may inquire about your
credit information prior to your consent. This section also
includes the date of the inquiry and how long the inquiry will
remain on your report.
|
|
|
Indicates who is
responsible for an account; can be single, joint, co-signer,
etc.
|
|
|
Credit
automatically available up to a predetermined maximum limit so
long as a customer makes regular payments.
|
|
|
A numerical
determination of a consumer's creditworthiness. Tool used by
credit grantors to predict future payment behavior of a
consumer.
|
