persons name and address, along with the Social Security number and date of birth. It also tells the previous address and employment information.
This section contains publicly available information about legal matters related to credit. It might include judgments, tax liens or bankruptcy history.
This section lists information about each credit account opened in the persons name. It identifies the lender and contains balance and payment information for the loan.
This section lists information about anyone who has accessed this credit report. Credit Reports Answer these questions in complete sentences using the sample credit report on Page 1. [15 points] 1. What is the total credit limit on the two revolving credit card accounts? [1 point] 3,000$ 2. What is the persons current debt? [Hint add current balances] [1 point] 8620$ 3. Are there any accounts that are past due? [1 point] no 4. Why would the information in Personal Identification Information be important to a lender? [3 points]
so they know how to contact the person if they dont know they are worthy 5. Why would the information in Public Record Information be important to a lender? [3 points] so the know that the person is trustworthy
6. Why would the information in Credit Account Information be important to a lender? [3 points]
so they know if the person paying their credit cards 7. Why would the information in Recent Credit Inquiries be important to a lender? [3 points] To see if anyone else has questioned the persons score aswell