Credit Score

Fico Score

 

4 in 5 credit reports (80%) contain inaccurate information that can negatively affect your credit score, and cost you with higher interest rates and payments. About 25% of all credit reports contain errors serious enough that credit could be denied.

Why all the errors? Banks do not always furnish bureaus with complete information on customers, and the bureaus are prone to human error. Over 30,000 data entry clerks file 4.5 billion updates to credit reports each month, leaving plenty of room for errors. More consumers would be upset with these errors, if they realized just how serious they can be.

• Coach Recommends: Order the Coach 3-Bureau Credit Report with all three national credit bureaus—Experian, Equifax, and TransUnion—to get the full story on your credit history. Make sure all three bureaus are reporting the same correct information.

Check out your personal information.

Three Bureau Credit Report

  • Make sure your name, address, and employer are accurate and up-to-date.
Find out what is in your credit report
Name: Doe, John
AKA: Doe, Jonathan
SSN: XXX-XX-XXXX DOB: 10/1952
Address: 137, Hylton Ave, Walton, KY 41094
Address: 70, Oregon Ave, Troy, TN 38260
Phone: 272-2745 Personal
Reported

02/22/2000
05/16/1999

Review the total amount of debt listed in your report.

  • See all of your essential credit report information at a glance.
understand what is in your credit report
Credit Summary
Public Records 2 Collections 1 Negative Trades 1
Hist Neg Trades 1 # Trades 5 Revolving 2
Hist Neg Occurr 9 Installment 3 Mortgage 2
Open Trades 3 Inquiries 3
Type High Limit Balance Past Due Payment %Avail
Revolving $5124 $5000 $3753 $0 $127 25%
Installment $14,325 $0 $6,716 $0 $475
Closed $0 $0 $968 $968 $0
Totals $19,449 $5000 $11,437 $968 $602

Verify every line item on your report.

  • Is the account open or closed?
  • What is your monthly payment?
  • What is your total balance?
  • What is your maximum limit?
  • Have you ever had any late payments?
  • Make sure the information is accurate and up-to-date.
  • Watch out for accounts that are not familiar—these could be accounts that were opened fraudulently in your name.
your loan and credit card information
Credit Summary
Public Records 2 Collections 1 Negative Trades 1
Hist Neg Trades 1 # Trades 5 Revolving 2
Hist Neg Occurr 9 Installment 3 Mortgage 2
Open Trades 3 Inquiries 3
Type High Limit Balance Past Due Payment %Avail
Revolving $5124 $5000 $3753 $0 $127 25%
Installment $14,325 $0 $6,716 $0 $475
Closed $0 $0 $968 $968 $0
Totals $19,449 $5000 $11,437 $968 $602
Acc Name/Address
Rptd
Opened
High
Limit
Pmt
Term
$Bal
$PastDue
Mths
30
60
90
Rating
WASH MUTUAL
06/05
03/05
129.6K
647
360mo
129.4K
2
0
0
0
M1
613257XXXX
Subscriber: WAXD02654128
Loan Type: VA Real Estate Mortgage
Remarks: Open

Find out who’s been looking at your credit report.

  • Make sure you’ve authorized each of the inquiries.
  • Watch out for names of companies that are not familiar—if you haven’t authorized the inquiry, it may be a sign of fraud.
  • Note: When you personally check your credit report with CreditGUARDCoach.com, the inquiry that is recorded will not adversely affect your credit standing.
who is looking at your credit report
Date
Name
Code
Mkt
Type Inq/Loan
03/31/05
Wash Mutual
WAXD02654128
GWM
P
02/02/05
Cap One Bank
BPC0017462556
NTK
I
01/16/05
MBNA
BPH0000816217
EAS
R