Understanding a Credit Report Piece by Piece


How to Read and Understand a Credit Report

How good are you at reading credit reports? I’ve been reading credit reports for almost 3 decades on prospective tenants, so it never occurred to me that this would be a stumbling block for many of our new credit report customers. If it is new to you, it can be confusing, but don’t worry.
It is very easy!

We dissected a TransUnion credit report to show you one section at a time the components and what they mean.

  • Section 1: The first section of a TransUnion Credit Report, is “Applicant Information”.
    This should be checked against the applicant information on your rental application.

    Quick Check Credit Reports Report Section1

  • Section 2: The “Credit Summary” is a brief breakdown of the credit report account (tradeline) statistics.

    Quick Check Credit Reports Section2

    click here for the full article …

    Quick Check Credit Reports, Inc.

    If you haven’t already, please take the opportunity to quickly set up an account with The LPA’s Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports while saving you money!

  • NO sign-up or set-up fees,
  • NO membership fees,
  • NO compliance fees
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