#credit-report — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #credit-report, aggregated by home.social.
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In #Australia the info on your #CreditReport is extensive (https://www.oaic.gov.au/privacy/your-privacy-rights/credit-reporting/information-on-your-credit-report)
And Credit providers can request this info.
A Credit provider can be:
* a bank
* an org that provides credit
* an org that provides deferred payment of 7 days or more
* an org that supplies credit for hiring leasing or renting of goods
* or a retailer that issues a credit card for the sale of goods and services.I expect it would be easy for an org that relied on #CreditCard #AgeVerification to structure itself to fit one of these categories if it doesn't already. Therefore theoretically any company using your credit card as age verification could access:
* your full name
* your date of birth
* your sex
* your current (or last known) address and previous 2 addresses
* the name of your current (or last known) employer
your driver’s licence number
* the names of any credit providers that have provided you with consumer credit, and whether they are licenced by ASIC
* the type of consumer credit provided by those credit providers
* the day on which that consumer credit was made available to you and (if relevant) terminated
* the limit on that consumer credit
* certain terms and conditions of that consumer credit, including limited information about your repayment and interest obligations
* repayment history information, which is information about whether you have made a consumer credit payment on time, or whether you have missed a payment
* financial hardship information, which is reported against your repayment history information
* that a credit provider has requested access to information held in your consumer credit report in connection with an application that you have made to that credit provider for consumer or commercial credit (an information request, more commonly known as a credit enquiry)
* the type and amount of consumer or commercial credit that you sought in that application
* that you have defaulted on a consumer credit payment of $150 or more (this means that you are at least 60 days overdue in making the payment)
* a statement that you have since paid an amount that was recorded as default in your consumer credit report
* the fact that, as a result of a default, you have agreed to a variation in the terms and conditions of consumer credit, or you are provided with new consumer credit
* any court judgements made against you that relate to credit provided to, or applied for by, you
* certain information about you that is recorded on the National Personal Insolvency Index, including information that relates to bankruptcy and debt agreements.
* certain publicly available information that relates to your activities in Australia and your creditworthiness. A credit reporting body (CRB) can only collect this information where it is generally available to members of the public and where the CRB collects the information from an agency or a state or territory authority
* the opinion of a credit provider that you have committed a serious credit infringement. -
Find out what kinds of data banks and other financial institutions collect about you and their intended use by diving into the series What Everybody Knows About You. ⬇️
#LPI #financialdata #bankingdata #creditscore #SIN #taxpayer #creditreport #Equifax
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Your No Credit History Might Be Costing You More Than You Think
Financial responsibility becomes real for many young adults the moment they face their first rejection, whether it is a denied loan, phone plan, or apartment application.
These experiences highlight a key truth: earning money is only part of being financially responsible. The other part is being visible in the financial system that measures trust.
That visibility begins with a credit report, which records how an individual manages borrowing, payments, and obligations.
Inside it is the credit score, a number that reflects consistency in meeting commitments. Together, they determine how banks, employers, and service providers view reliability.
In the digital economy, credit has evolved into a measure of trust. Strong credit can lead to lower interest rates and faster approvals, while a poor or missing history can quietly block access to financial opportunities.
CIBI Information Inc., the country’s pioneering credit bureau, reports that awareness among younger Filipinos is growing.
“Every responsible action, no matter how small, can open doors,” said CIBI President and CEO Pia Arellano.
She explained that paying bills on time, managing credit wisely, and regularly checking reports help build a solid foundation for future goals such as car ownership, home financing, or business growth.
#2025 #CIBI #creditReport #events #Finance #latest #money #news #Philippines #Technology
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American Credit Score question:
So atm my credit score looks to be at 720. I'm trying to get it up as high as I can by lightly using my new credit card. Is it bad if I go one statement cycle with no balance/unused?
#finance #FinancialAdvice #credit #CreditReport #CreditCard -
Phew, who knew it could be that easy! Thanks #TransUnion!
Got a credit alert from Equifax because I [checks notes] paid off my monthly CC balance. Even though I froze my accounts, I decided to check all three agencies. Guess TU is.... expanding its service offerings. 😆
But seriously, like... wtf is this??
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How to get a free credit report in the UK, in order of increasing pain-in-the-bummery.
I had to do this as I was rejected at the affordability stage for a credit card which was totally unexpected and made me fret that something was amiss. 1/5
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FTC warns consumers of scammers offering to remove all negative information from credit reports https://www.bitdefender.com/blog/hotforsecurity/ftc-warns-consumers-of-scammers-offering-to-remove-all-negative-information-from-credit-reports/ #creditreport #Guestblog #Lawℴ #Scam #ftc
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FTC warns consumers of scammers offering to remove all negative information from credit reports.
Read more in my article on the Bitdefender blog: https://www.bitdefender.com/blog/hotforsecurity/ftc-warns-consumers-of-scammers-offering-to-remove-all-negative-information-from-credit-reports/
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From TransUnion's free "monitoring" service. You'd think they might be aware that I opened a new bank account with a new credit card a few weeks ago, and yet...
They have one job, but who is going to stop them from sucking at it?
(I've finally started migrating accounts from my old credit union I used two employers ago to one that's local.)
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Skip the "gurus" and go straight to the professionals who only get paid after they get it right.
Have you gotten burned by a "credit repair" guru? Let us know.
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So what works?
Enforce the laws.
When a credit bureau breaks the law by ignoring your dispute, or failing to investigate, or invading your privacy, you can sue them to recover the damages they cause.
But you have to know how to protect your rights before you start. Disputing things at random, or using online disputes, or not getting your actual credit report, all can cripple your case.
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And the CFPB isn't coming to the rescue. They just don't have the time to check out your individual file.
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Too many people believe that bombarding a credit bureau with dispute letters will result in removals, even for accurate, timely reporting.
But the bureaus have automated systems that deny disputes faster than any credit-repair guru can generate them.
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"Credit repair" is dead.
The field is flooded with predators peddling misinformation to the desperate.
And the credit reporting industry is brushing off their tactics like an elephant swatting away flies.
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"In sweeping change, Biden administration to ban medical debt from credit reports"
That's another band-aid. How about we just abolish medical debt altogether, eh?
"Doctor, the patient is dying."
"Oh, have them take two aspirins. If the situation does not improve, they can call me back tomorrow."
#USNews #USPol #JoeBiden #MedicalDebt #CreditReport #NoSatire
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It’s Still Easy for Anyone to Become You at Experian
https://krebsonsecurity.com/2023/11/its-still-easy-for-anyone-to-become-you-at-experian/
#experian #credit #identity #identityTheft #equifax #creditReport #security #privacy
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'I’ve tried everything possible': Man fights back after credit report mishap https://bit.ly/44TaupU #CreditReport #Barrie #Velcom #CCTS #onpoli @barrie @onpoli
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I had to "thaw" my #Experian #CreditReport so a lender could query it. Immediately something called Experian Business Info Solutions grabbed a copy of my credit report. I assume this is their own internal spam generator and that I'll now get a bunch of "offers" from them. What a scam!
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After last week's tweets about Dhanicares fiascos, I checked my #creditreport and found some "consumer loans" in my name that I never applied for: Aditya Birla F L, Karur Vysya, & CAPFLOAT. I can't even make out which companies they are! (AB has many,KVB? Capfloat??)