is it a detailed one where they would see all the names of the past accounts u had, if so wouldn't that be wrong for someone going through your personal stuff? or is it just a credit score where they would only see few numbers?
2007-01-23 02:13:59 · 5 answers · asked by Jane 2 in Business & Finance ➔ Credit
Depending on the credit service they use, they can see great detail. For a few bucks on the Internet they would only get top-line information about you. But from the top credit services, ex. TRW, they can find out just about as much as they want to pay for: Your assets; liabilities (who and how much), which credit cards you have and what the balances are, your savings, investments, etc. They can even find out if you've been convicted of a crime.
Scary stuff.
2007-01-23 02:24:30 · answer #1 · answered by thegoodeg 2 · 1⤊ 0⤋
I do loans for a bank and get credit reports all the time. What they see is a complete history of your credit, going back a number of years. It will note a credit score, past addresses, SS number, birthdate (just month and year), judgements levied against you, bankruptcy, highest limit occured on any given credit card or debt and if and when it was paid off, late payments on any debt that was reported, and on it goes. There is a synopsis on the report that has a few lines stating how the score was attained, so if there are negatives in the report, the receiver doesn't have to read every line item. However, in our case, we do read every line because we give our clients a chance to show us the debt has been taken care of rather than just judging them by a number.
2007-01-28 02:38:46 · answer #2 · answered by ginabgood1 5 · 1⤊ 0⤋
They see all. What they are looking for is deliquent accounts and court stuff. Like if you have a lien on you. They have every right to check it if you sign the paper. If you don't you probably won't get the job due to them thinking your hidding something.
2007-01-23 02:22:38 · answer #3 · answered by catdogpenny 3 · 1⤊ 0⤋
They would see past employers, addresses, creditors and payment history.
Most employers use them to determine if you resume is correct and if you may be a liability based on your credit history.
It keeps people who may use fraudulent methods for monetary gain because they have monetary issues.
2007-01-23 02:25:08 · answer #4 · answered by Anonymous · 2⤊ 0⤋
hello she they are really checking to see how honest you are and they are checking to see if you are dependable andthey also checked to see how qualified you are for certain positions you have applied for
2007-01-30 02:44:05 · answer #5 · answered by harold g 3 · 1⤊ 0⤋