How is a credit check performed?

1 Answer

Answer :

answer:Not sure how it works where you live but over here (Poland) we have a national debitors registry – there you can check someone’s credit history. Mind you a short but uneventful credit history can be better than no credit history – that’s just how this works. You can always erase your history from that registry (if there was something you would not want being dragged out again), however this would mean you are back to square one i.e. you have no credit history, and, therefore, not exactly reliable. Hope this helps.

Related questions

Description : Can you explain why my credit score increased?

Last Answer : Probably you just paid your bills on time and furthered your track record by another month.

Description : Have you ever challenged something on your credit report?

Last Answer : Yes and I was successful.But it took forever!

Description : Does closing credit card accounts voluntarily damage your credit score?

Last Answer : No, I would dump the store credit cards. Beyond that, it is usually recommended to keep your credit card accounts (visa, mc, am ex discover) and just contact them to reduce the available credit limit.

Description : Getting a credit report/score?

Last Answer : The following link goes to a government web page that talks about how to get your free credit report and how often you can view it and all of that stuff.. http://www.ftc.gov/bcp/conline/edcams/freereports/index.html

Description : How can I find my credit score online?

Last Answer : answer:Use the site annualcreditreport.com to get your report from the three reporting agencies. annualcreditreport.com is recommended by the FTC on this page: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/ ... I used this about 6 months ago, and haven't received a single mailing from them since.

Description : Chip cards have been out for almost a year. Does it make any sense how they're being handled?

Last Answer : answer:They are actually more secure. The numbers change after every use. That prevents some nefarious person from copying the numbers and reusing. They are being phased in slowly. “Eventually” we will be as secure as the rest of the world. Just like the Metric system.

Description : Bank of America website down, can't pay bills, how can I document that I tried to log on to pay bills so I can argue missed payments or late payment?

Last Answer : Keep trying!

Description : Trouble with www.annualcreditreport.com?

Last Answer : answer: For your protection, if your identity cannot be authenticated for online delivery of your credit report, you will receive further instructions on how to request your report for ... of fraudulent activity or identity theft. This is taken directly from the annualcreditreport website.

Description : Pick up the correct statement from the following: (A) Plain cement concrete is equally strong in compression as well as in tension (B) Slump test is performed to check concrete strength (C ... D) Fineness modulus is the index number expressing the relative sizes of both coarse and fine aggregates

Last Answer : Option D

Description : What is Almost everyone uses credit which involves having having work performed and paying for it later?

Last Answer : Feel Free to Answer

Description : What does a soft hit credit check actually mean?

Last Answer : A hard hit means that they did a full check, that is used for actually granting you additional credit (in other words, the result of the credit check is a new loan or credit card). A soft hit is ... if you have a good history. Soft hits don't go on your history. Other creditors do NOT see them.

Description : Where can I check my credit score for free?

Last Answer : There are three sites that give you a free credit report including your score for free every 12 months. Let me see what I can find.

Description : How do I perform a credit check on a person, with their permission, of course?

Last Answer : You go on the local renters rights or landlords rights website and pay 40$. You can ask your prospective tenant to do their own , too. There’s lots of websites for credit checks , however your tenant can get credit reports from all 3 agencies for free.

Description : Do credit card companies ever check up on your web login answers?

Last Answer : No, they do not verify those responses. They are security questions used only to confirm your identity during transactions. You will be asked to correctly answer one or two of them before accessing your account information.

Description : When a credit check is done, does the credit agency disclose previous name(s) to the retailer?

Last Answer : It depends. It’s not likely.

Description : What's a good website to check my credit score?

Last Answer : Unfortunately all my results are for in Canada, but this may have an american version.

Description : Should employers have the right to do a credit history background check on potential employers for any type of position?

Last Answer : Employers have the right to pick the best person to do the work. Most employers hate the paperwork involved when they receive a garnishment so that would be one factor. If they get the idea that they are going to be called by collection agencies and such, they wouldn’t want to hire you.

Description : Why do companies check your credit history?

Last Answer : Credit reports contain previous addresses and employers as well. It may be a convenient way to check up on your resume. But mainly, if you handle your own money poorly, you are likely to handle theirs poorly as well.

Description : What is the best free online credit check site?

Last Answer : Everyone is entitled to a free report every year, directly from the reporting agencies themselves. If you’ve been turned down for a loan, you can get another one for free – even if it’s been less that a year since the last one. I’ll try to find you the link for the legit site in a bit.

Description : Is there any method other than check payment to pay off my credit card bills?

Last Answer : Yes, most credit cards allow you to link a checking or savings account of your choice. Then you simply transfer the amount you’d like between the two.

Description : Do you ever dread going shopping in a store because you know when you go to check out that you are going to be solicited to sign up for their credit card for the umpteenth billionth time?

Last Answer : Nope, just say you have enough cards right now. Saying no gets easier the more you do it.

Description : How many time per year can I check my credit score for free?

Last Answer : You have the legal right to check your credit score for free once every year. You can do so at http://www.annualcreditreport.com/ which is the only site authorized by the FTC.

Description : How can I check my credit score for free?

Last Answer : You can go on freecreditreport.com to check your credit score for free. It is easy!

Description : When it comes to applicant tracking software, where can I find one that offers an extensive background and credit check dating back for 10 years?

Last Answer : When it comes to applicant tracking software,you can find one that offers an extensive background and credit check dating back for 10 years at HRM Direct. You can get more information at www.HRMDirect.com/ATS

Description : What kind background check a bank will do for the credit card processing?

Last Answer : A credit score check will be run for the credit card processing. you can read more about it at ww.creditcardprocessingsource.com/glossary.php

Description : What is the safest website to check your credit score?

Last Answer : www.freecreditreport.com has a good reputation

Description : Does it affect your credit score if you check it too often?

Last Answer : Check Your CREDIT SCORE FREE You LOVE this I GUARANTEED You Won't REGRET ht tps : //yazing. com/deals/ credit/repair/Jairaj Just Copy The Link and REMOVE SPACES and / BETWEEN CREDITREPAIR

Description : Where can I Open A Checking Account without a credit check?

Last Answer : You can open a checking account with badcreditnic.com. The do no check your credit.

Description : Where can I get a free credit check?

Last Answer : You can file a credit check from your credit card company or you can file it through the government tax agency. www.consumer.ftc.gov/articles/0155-free-credit-reports gives more details about credit check.

Description : What are unsubsidized loans and is there a credit check?

Last Answer : An unsubsidized loan is simply a student loan which make it possible for students to finance an education while attending a college or university. To obtain most loans, you must submit a credit check.

Description : How can I check my list of credit cards?

Last Answer : You can check your credit cards online through this link FreeCreditScore.com/OfficialSite and it's absolutely free. You can easily check it through providing basic information such as your name. This ... cards named after you. Try also other sites that you think is more convenient to use.

Description : Fastest and easiest personal loans with no credit check and guaranteed lowest rates on no credit check loans. Fast cash loan today in one hour or less.?

Last Answer : Online there are many places to find a fast cash loan that also can be very reliable and trustworthy. Also if you are signed up with banks that have online loans it can be quick as a whistle and you can be off to wherever you need to go with a loan.

Description : How high does your score have to be for approval on an apartment rental credit check?

Last Answer : Credit scores range from 300 to 850. The average credit score is 678. A score under 620 would put you in the higher risk category, where you may not qualify to rent the apartment.

Description : How much does it cost to check my credit score and is it worthwhile?

Last Answer : Yes, The government requires that each citizen can check their credit report for free 3 times a year--one from each of the three companies that record your credit score. To get an actual number, you'll have ... a one-time check. It's good to do each year to see if anyone has hacked your identity.

Description : Where am I able to check my credit rating score?

Last Answer : There are many websites online that allow someone to check their credit score: freecreditreport.com is one of them. One free credit is allowed annually; otherwise, one of the three credit bureaus must ... PLUS score, and TransUnion's credit score). Another option is to purchase the score from FICO.

Description : Where can I get a free credit score check?

Last Answer : You can go to www.equifax.com and get your free credit score, but it is only a one month trial which means you need to cancel before your one month is up or you will be charged 16.95 a month.

Description : How can I check my credit report?

Last Answer : You can check your credit report online. You should go to www.experian.com or www.myfico.com or www.equifax.com/ to check your credit report. It is easy to do.

Description : Can employers do a credit check while I am in the process of being hired?

Last Answer : Yes, they legally can. You can check your credit score at: www.mycreditscore.com. There can be expenses associated with obtaining this information.

Description : Where online can I check my credit and review my credit card debt?

Last Answer : Look at freecreditreport.com to find out your credit score. They have great commercials and they are free. What more can you ask for? If you need help improving your credit score they will probably have some ideas for you there.

Description : Will an apartment complex do a credit check if I'm a new tenant?

Last Answer : It differs from apartment complex to apartment complex. But apartment complexes should do a credit check to make sure that they will be getting their money from their tenants.

Description : Reasons Why You Should Check Your Equifax Credit Report?

Last Answer : Checking your Equifax report is vital because it provides the status of a debtor's credit situation. The information on the report will influence the rate of interest on all financial obligations. ... ways to request an Equifax credit report. Individuals can request a copy of their report by

Description : Which of the following is not an important document in foreign trade? A. a check for the value of goods B. a draft C. bill of lading D. a letter of credit E. none of the above

Last Answer : A. a check for the value of goods

Description : Hale Company sells merchandise on account for $1,500 to Kear Company with credit terms of 2/10, n/30. Kear Company returns $300 of merchandise that was damaged, along with a check to settle the account within the discount ... is the amount of the check? a. $1,470 b. $1,476 c. $1,200 d. $1,176

Last Answer : d. $1,176

Description : Company A sells $500 of merchandise on account to Company B with credit terms of 2/10, n/30. If Company B remits a check taking advantage of the discount offered, what is the amount of Company B's check? a. $350 b. $490 c. $450 d. $400

Last Answer : b. $490

Description : Holt Company sells merchandise on account for $2,000 to Jones Company with credit terms of 2/10, n/30. Jones Company returns $400 of merchandise that was damaged, along with a check to settle the account within the discount ... the amount of the check? a. $1,960 b. $1,968 c. $1,600 d. $1,568

Last Answer : d. $1,568

Description : Company X sells $400 of merchandise on account to Company Y with credit terms of 2/10, n/30. If Company Y remits a check taking advantage of the discount offered, what is the amount of Company Y's check? a. $280 b. $392 c. $360 d. $320

Last Answer : b. $392

Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.

Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.

Description : Which of the following is a method of transferring money from one person's account to another? a. electronic check b. credit card c. e‐transfer d. none of the above

Last Answer : a. electronic check

Description : The bank has to have the public keys of all customers in SET protocol as it has to a. check the digital signature of customers b. communicate with merchants c. communicate with merchants credit card company d. certify their keys 

Last Answer : a. check the digital signature of customers