Items that don’t report to your Credit Report

There are certain items that report to your credit report, and there are certain items that don’t. In this article I will discuss what actually reports to the 3 credit bureaus which end up on your 3-1 credit report. I hear all kinds of rumors out there about what is not on someone’s credit report. Here are the facts.

When you go to apply for a loan, the first thing a creditor will do is pull a copy of your personal credit report with all 3 credit bureaus. The reason for this is they want to make sure you are credit worthy. If the creditor approves you for the loan, typically 60 days later they will report the money you borrowed to the bureaus they have a contract with. Normally the contract is with TransUnion, Equifax, and Experian. This is the type of information that reports to your credit report.

What reports to the credit bureaus

 Installment loans
 car loans
 credit cards
 student loans
 health fitness facilities
 Department store credit cards
 Gas credit cards
 Mortgage loans
 Line of credit with bank
 Collections
 Charge Offs
 Public records
 Judgments
 Late payments
 Inquiries
 Bankruptcies
 Your social security number
 Your address
 Date of birth
 Your legal name

What does not report to credit bureaus

 Phone bill
 Electric bill
 savings
 Your age
 Your salary
 Race
 Martial status
 College degrees
* Note- Some of these items will report to credit report if not paid.

Hopefully this will sum up some of the questions in regards to what reports to your personal credit score report. Typically the money you borrow is what reports to your credit report. If you don’t pay a bill it will also end up on your report as well. The main point though is debt you owe will be reported. So you want to make sure you are in good standing with all bills because anything not paid could end up on your credit report which will affect your credit score.

About the Author: Mike Clover is the owner of http://www.creditscorequick.com/. CreditScoreQuick.com is the one of the most unique on-line resources for free credit score report, fico score, free credit check, identity theft protection, secured credit cards, student credit cards , mortgage loans, auto loans, insurance and a BlOG with a wealth of personal credit information. The information within this website is written by professionals that know about credit, and what determines ones credit worthiness