1. Review the Sample Reports (3)
Trans Union. The top of each Trans Union report contains identifying information. This information includes a unique file number, the date of the report, and your name, former names (AKA), address, former addresses, employment, Social Security number, birthdate and phone number.
Trans Union breaks down the credit information into several subsections:
• Public records. This section includes information obtained from local, state and federal courts and offices, such as lawsuits, bankruptcies and liens.
• Adverse Account Information. Trans Union separates out accounts that “contain information which some creditors may consider to be adverse” and further highlights the negative information (for you, not your creditors) by enclosing it in >brackets<. The bracketed information usually includes the account’s status,
any past due amount and information on late payments.
• Satisfactory Account Information. Immediately following the negative accounts, Trans Union lists the accounts that are “reported with no adverse information.” • Inquiries. Trans Union divides the inquiries
(companies or people that have requested a copy of your report) into different sections.
The first section, “Regular Inquiries,” lists creditors that have received your full credit report. These inquiries stay on your report for two years. The second section, “Promotional Inquiries,” includes names of creditors seeking information about you to offer you credit or insurance. These creditors do not receive your full credit report, but only your name, address, and other limited information. Promotional inquiries are not seen by anyone but you. The third section, “Account Review Inquiries,” contains names of creditors that received
information about you to review an existing account or for certain other types of business transactions. As with promotional inquires, these inquires are not seen by anyone but you.
Taken From : Credit Repair by Attorneys Robin Leonard and Deanne Loonin
