Credit Reports and Credit scores

Higher credit scores result in lower interest rates on loans

You are more likely to be offered a loan by a bank

Positive credit history results in higher credit scores

All of the above

4 years

11 years

7 years

15 years

Making payments on time

Being late on payments

Spending 100% of your credit limit

Missing a payment

Date of birth

Late payments

tax lien

credit report

credit history

credit

Dave with a credit score 560

Julie with a credit score 780

lender

borrower

2 years

7 years

10 years

Never on a credit report

Always on your credit report

2 years

7 years

10 years

Never on a credit report

Always on your credit report

Credit Score

Credit Report

Credit Score

Credit Report

2 years

7 years

10 years

Never on a credit report

Always on your credit report

Current and past addresses

Account balances

Bankruptcies and foreclosures

Medical information

At any time and an unlimited number of times

Once a year, from each of the three main credit reporting agencies

A person may not review his/her credit report

When a person has sufficient financial resources

Late medical payments

Repayment history

Buying habits (what you are buying)

Public records

2 years

7 years

10 years

Never on a credit report

Always on your credit report