MORTGAGE LOAN TIPS

All about Credit

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What is a Credit Profile? It is basically your credit past 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.

There are usually five categories of information on a credit profile:

  • Identifying Information
  • Employment Information
  • Credit Information
  • Public Record Information
    Inquiries
  • NOT included on your credit profile include race, religion, health, driving record, criminal record, political preference, income

Look up your credit profile and find out what creditors are saying about you!

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