Sentences with phrase «public record information borrower»

Credit alone presents many challenges such as the number and age of trade lines eligible per guidelines, alerts and validation which may require to pull again credit affecting scores, conflicting derogatory trades, collections or public record information borrower was unaware of, accounts in dispute and so on.

Not exact matches

Consequently, any public record information can decrease the credit score and the creditworthiness of a wishful borrower.

A credit bureau constantly collects, holds and distributes consumer data from credit providers and public records that pertain to a borrower's history — this information forms your credit report.

Experian's spokeswoman said a consumer's credit report contains four types of data on the borrower: identifying information (including name, address, phone number, Social Security number, date of birth and spouse's name), account history (individual credit account information such as the date opened, credit limit or loan amount, balance, monthly payment, payment status and payment history), data from public records (such as federal bankruptcy records, tax liens, monetary judgments and overdue child support payments) and a record of inquiries into your credit history.