Example Equifax Report




Check to see if your personal information is correct.

An increase in the number of inquiries can have a negative impact on your credit score.  The inquiries in the lower box are considered "soft hits".  They do not affect your credit score in any way.



Negative information can only be kept on your credit report for a certain length of time.  Check the dates for your accounts and public record information.  Refer to our page on codes and ratings to check for each entry.  A rating of 9 usually means the lender has written off the account or sent it to collections.  It will hurt your credit score.

Check for payment history.  "R1" means your last reported payment was made on time.  Negative information about chequing and savings accounts may be included.



1 comment:

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