Viewing a Credit Report – Summary

Check out the video related to this topic: Viewing Credit Information for Membership Applications (More videos below!)

Description

The credit bureau from which this report was received (Experian, Trans Union, or Equifax). (Shown in title of screen.)

The full name f the individual as recorded in credit bureau records.

This may read “FRAGMENTED” if the bureau located more than one record for the same individual, resulting in a fragmented file. Otherwise it will read “COMPLETE.”

The individual's SSN or other Tax ID.

The individual's date of birth as recorded in credit bureau records.

The date on which this report was originally requested through CU*BASE.

The sequential identification number assigned to this credit report by CU*BASE.

The individual's current address as recorded in credit bureau records.

The individual's most recent previous address as recorded in credit bureau records.

The individual's current employer as recorded in credit bureau records.

The individual most recent previous employer as recorded in credit bureau records.

The date (month and year) when Address and Employer information was last reported to the credit bureau.]

• NOTE: Although the bureau will take note of different addresses submitted with your requests, those requests will not cause an immediate change to the bureau database. Each bureau has its own systematic way of recording changes to addresses and other information, and this online request is only one component of that system. Therefore, the reported dates on this screen will not reflect any address change that you submitted when this report was requested.

This section shows the results of the fraud detection scan performed for this individual. This typically involves reporting on any irregularities detected in the SSN or other fraud indicators.

• This information will be included only if your contract with the credit bureau includes fraud detection services.

The total number of inquiries that have been made on this individual file.

• Each credit bureau has its own schedule for maintenance and purging of old inquiries, so the length of time that this number represents will vary depending on the bureau.

The total number of inquiries that were made on this file during the last 6 months.

The last date on which an inquiry was made on this file (not including this inquiry).

The total number of trade lines, both open and closed, that have been reported “paid as agreed.”

The total number of trade lines reported for this file.

Each credit bureau has its own schedule for maintenance and purging of trade line data, so the length of time that this number represents will vary depending on the bureau.

The total number of loans that have been paid down to zero during the past 24 months.

The open date of the oldest reported trade line for this file.

• Each credit bureau has its own schedule for maintenance and purging of trade line data, so the length of time for which this information is tracked will vary depending on the bureau.

The total outstanding balance for installment loans (non-revolving, non-real estate). Includes balances that have been reported within the last 3 months ONLY.

• If balances were reported prior to the past three months, they may be noted on the detail report but will not included in this total.

The total scheduled monthly payments for all loans, including installment, real estate and revolving, that were reported for this individual.

The total outstanding balance for real estate loans (non-revolving, non-installment). Includes balances that have been reported within the last 12 months ONLY. 

• If balances were reported prior to the past three months, they may be noted on the detail report but will not included in this total.

The total scheduled monthly payments for the real estate loans included the Real Estate Estimated Bal count, described above.

The total outstanding balance for revolving loans (non-real estate, non installment). Includes balances that have been reported within the last 3 months ONLY. 

• If balances were reported prior to the past three months, they may be noted on the detail report but will not included in this total.

The total available credit for the revolving loans included in the Revolving Line Est. Bal count, described above. This figure is calculated as the Credit Limit minus the Outstanding Amount Due for each of the included accounts.

The number of civil action records on the file, excluding divorce and collections records.

The total balance due on all accounts that were reported as greater than 2 cycles (payment periods) past due.

• This total includes all reported accounts, even those whose balances were reported longer than 3 months ago.

The total number of accounts that were reported as currently being greater than 2 cycles (payment periods) past due.

• This total includes all reported accounts, even those whose status was reported longer than 3 months ago.

The total number of accounts that have been reported as derogatory (greater than 2 cycles/payment periods past due) at any time during the last two years.

If an account was reported as derogatory more than once during that two-year period, each report is counted separately. For example, if an account was reported delinquent in March, then was caught up, then reported delinquent again in October, it will be counted two times in this total.

This total includes all reported accounts, even those whose status was reported longer than 3 months ago.

This section shows the risk score for this individual, and up to four reason codes and descriptions explaining the score.

• Refer to the CU*BASE Online Credit Bureau Access: User Guide or Online Credit Bureau Access and FUEL (3) User Guide for a list of reason codes for each bureau.

The heading for this field will depend on the credit bureau that produced the report:

Experian reports will read FICO Score
TransUnion reports will read EMPIRICA Score
Equifax reports will read BEACON Score

If Vantage Scores are used, the screen will display Vantage Score Reason Codes for both Vantage Score 3.0 and 4.0.

• NOTE: If your credit uses both Vantage Score 3.0 and 4.0, then the reason codes for Vantage 3.0 will be used as the default reason codes.

This score will be included only if your contract with the credit bureau includes risk scoring services.

This section shows the bankruptcy prediction score for this individual, and up to four reason codes and descriptions explaining the score.

• Refer to the CU*BASE Online Credit Bureau Access: User Guide or Online Credit Bureau Access and FUEL (3) User Guide for a list of reason codes for each bureau. (NOTE: A PDF version of this booklet will open.)

This score will be included only if your contract with the credit bureau includes bankruptcy prediction scoring services.

Description

Use this to return to the initial screen and choose a different credit report to view.

Use this to view the Detail screen showing credit information using the credit bureau's standard report format.

Use this to view the Decision screen showing pre-screening results based on your credit union's contact with the credit bureau.

• Refer to the CU*BASE Online Credit Bureau Access: User Guide for more information on Decision Processing. (NOTE: A PDF version of this booklet will open.)

Use this key to print a hard copy of credit report data.

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