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Understanding Credit Reports

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What is a Credit Report and Score? 

Your success in managing credit is reflected in your credit report and score. A credit report is a history of everything you are doing with your credit now and what you have done with it in the past. A credit score mathematically represents the information in your credit report. Your credit report and score affect your ability to get credit and the terms/rates of that credit.  It can also affect your ability to get a job and rent an apartment. 

Credit Considered on a Report   

Free Credit Report

•   Student loans
•   Car loans
•   Credit cards
•   Personal loans
•   Mortgages, home equity loans
•   Secured credit cards or Loans

 Information Not Considered on a Report

•   On-time phone/utility bills
•   Debit card use
•   Paying with cash
•   Writing checks
•   Checks cashed
•   Remittances

 Other Information on a Report

•   Name and aliases
•   Social security number
•   Current and past addresses
•   Date of birth
•   Employment history
•   Collection accounts
•   Inquiries
•   Creditor contact information
•   Consumer statement
•   Public records
•   Payment history
•   Accounts summary

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American Consumer Credit Counseling (ACCC) provides credit counseling, financial education and debt relief options for individuals and families with too much credit card debt or unsecured personal debt. Our certified credit counselors have helped thousands of consumers find credit card debt relief by learning how to reduce debt and how to get out of credit card debt. Our debt assistance services and debt management plans allow consumers to consolidate credit card bills into a single payment, and provide help with negotiating credit card debt in order to lower interest rates and finance charges, to ultimately eliminate debt through a credit card payoff plan.

SiteLock Better Business Bureau Mass Housing Approved National Industry Standards for Homeownership Education and Counseling NFCC Member