It's meant to help people with bad or nonexistent credit by
including bill payment history.
The details included in your credit history generally
includes your bill payment history, residence history, employment history and many times your legal history.
Not exact matches
The company will expand its credit
history requirements to
include «nontraditional sources, like tuition, rent, or utility
bill payments.»
Keep accurate and detailed records of your
payments,
including canceled checks,
billing statements, bank account statements, or online account
histories if appropriate.
They don't
include payment history from all the other accounts you faithfully pay on time each month, like your rent or your cell phone
bill.
Indications of a solid credit
history include some — but probably not extensive — borrowing activity and regular, prompt
payment of
bills.
While your credit report certainly does primarily track your
payment history —
including what type of debts you have, how much you owe, and whether or not you've paid your
bills on time — a credit report also contains so much more than that.
The company will expand its credit
history requirements to
include «nontraditional sources, like tuition, rent, or utility
bill payments.»
Keep records of your
payments,
including billing statements, canceled checks, bank account statements, or online account
histories if appropriate.
DISPUTING ERRORS ON YOUR CREDIT REPORT Your credit report
includes personal information about yourself
including where you live, your
bill payment history, whether you have ever filed for bankruptcy, ever been sued, or if you have ever been arrested.
The statement will
include your account information,
payment history,
billing information,
payment methods and any other messages.
These services allow clients to carry out a range of banking transactions
including withdrawals, deposits, account, line of credit and credit card balance inquiries, transaction
history requests (deposits and withdrawals), fund transfers and
bill payments.
These services provide access to accounts using a client card number issued by the Bank and a password chosen by the client, and allow clients to carry out various banking transactions
including account, line of credit and credit card balance inquiries, transaction
history requests (deposits and withdrawals), wire transfers, fund transfers to other National Bank account holders, requests to access documents, cheque images and
bills,
bill payments and cheque orders.
Both firms are providing alternative data for the new score,
including payment history on utility
bills, cable
bills and cellphone
bills — information held in a database maintained by Equifax — as well as public record information,
including address
history, held in the LexisNexis database.
The program allows the use of non-traditional tradelines to establish credit
history,
including utility
bills, gym membership, and most other accounts which require monthly
payment.
The
bill includes a requirement that Fannie Mae and Freddie Mac, the country's largest source of home mortgage funds, accept rent and utility
payment history as part of loan applicants» credit scores.