Credit reports contain five categories of data on a person.
1. Personal information such as name (including maiden name and former names), address (current and past), employer (current and past), Social Security number, driver’s license number, and birth date.
2. Court system records. These are public records regarding liens, judgments, and garnishments that have been granted by a court. Also your history of bankruptcies and foreclosures, which have been taken into the court system.
3. History of current and past credit accounts. For each account the data will include the type of account, the date you opened the account, your payment history including late payments, the credit limits for this account, and the current balance due. Other financial information such as unpaid child support, student loans, and overdrafts will be included.
4. A list of every time a creditor has made an inquiry into your account, which is done every time you apply for a new credit account or get an increase on the credit limits of a current account. This can show that a person is trying to obtain a significant amount of new credit, which is considered negatively by most lenders.
5. Your credit score. The number between 340 and 850 that lets a lender determine if you are a good financial risk.