What does your credit report include and exclude?

Many of you are having this question, here Apoorvaa is answering this and giving you a brief on what is included and what is included so that you can have an idea what you should check and what you should not be worried about. Included This is your credit report, so it will have all details related to your credit life. Data related to all your loans and credit cards availed from different lending institutions would reflect on your credit report. These details would appear under different sections. These sections are
  • Personal Information (Name, Address and Contact details etc.)
  • Account Information (Lender’s name, account number, type, and amount etc)
  • Enquiry Information (new inquiry for loan or credit card)
Though each credit bureau has different credit report formats, these sections are generally standard. Excluded This is your credit report hence it will not have details which are not related to your credit life. Non Credit Banking Information Your noncredit banking information is not included in your credit report. These data elements do not indicate your credit worthiness and hence are not relevant from a credit health perspective. The following details are some examples of data elements which would not appear on your credit report.
  • Bank accounts (Saving/Current)
  • Debit card transactions
  • Prepaid card transactions
  • Assets
Beliefs and Affiliations Information related to your faith, political viewpoints and affiliation with specific groups or causes is not reported on your credit report. The following details are again some examples of what would not appear on your credit report.
  • Religion
  • Ethnicity
  • Political Affiliations
Criminal Record Past criminal records (if any) – (financial or non financial) are not on your credit report. We hope you have a fair idea of what is included and what is not so you need to check the included part and it should be well maintained with accurate and correct information.

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