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Credit Profiles |
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Your credit profile details your credit
history as it has been reported to the credit reporting agencies by lenders
who have extended credit to you. Your credit profile lists what types of
credit you use, the length of time your accounts have been open, and whether
you've paid your bills on time. It tells lenders how much credit you've used
and whether you're seeking new sources of credit.
Basically, it is a picture of how you paid back the companies you have borrowed money from and how you have met other financial obligations. There are usually five categories of information on a credit profile:
There are many items that are NOT included on your credit profile, including:
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