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Credit Reporting Coast to Coast
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C.C.B. accesses information from the largest wholesaler of consumer information in the country, Experian Corporation. Experian (formally known as TRW), and the two other major agencies, TransUnion and Equifax, receive their information from grantors, such as banks or bank card companies. Experian then compiles and stores this data, evaluates the worthiness from a set of standards devised jointly with Fair Isaac Corporation, and wholesales this information to businesses like C.C.B. who are required to legally abide by the laws of the FCRA. In turn, C.C.B. then resells this information to prospective employers, and prospective landlords. It is illegal for anybody to receive a copy who is not entitled to it, and for anyone to supply a copy to someone who is not authorized to receive it. Some of the people who receive consumer information from C.C.B. with applicant permission and proper qualifications are Landlords, Real Estate Agents, Property Managers, Apartment Managers, and Employers.
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Your Financial Profile Order Your own Credit Report Click Here
- You can't escape it. It will always precede you. It represents your reputation in the personal financial community. If it is solid, it can be one of your best assets. If it is damaged, it can be one of your biggest liabilities.The sad truth is that the majority of Americans have never seen their personal consumer information, though their profile affects practically every aspect of their financial lives. Even more disturbing is that of those who have seen theirs, a significant number don't understand what they are reading. As more and more Americans put their funds into the stock and bond markets, it is not uncommon to see people hunched over the morning newspaper, watching one of the financial news networks, surfing the net checking out their portfolios or doing research, or pouring over their monthly investment statements. Unfortunately, few, if any, people realize that were they to dedicate just a fraction of the time they spend reviewing their investments to working on the development of a portfolio, they would dramatically enhance their ability to build the type of financial security they are striving for. Your credit report contains 4 types of information.
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Identification
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Your name, birth date, Social Security Number, employer, and spouses name are routinely noted, as well as possibly your employment history, home ownership, income, and previous address.
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Payment History
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Your accounts with different grantors are listed, showing how much has been extended and whether you've paid on time. Overdue accounts, collections, and charge offs are also noted.
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Inquiries
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A record is maintained of all the grantors who have asked for it in the last year, and those persons or businesses who have asked for it in the last two years.
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Public Information
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Events that are a matter of public record, such as liens, judgments, foreclosures, and bankruptcies may also be included.You can be denied loans, insurance, housing, or employment due to the information contained in them. Most financial advisors recommend that you check yours periodically for inaccuracies or emissions. Obviously, it is important that the information be complete and accurate.
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On the Tutorial Page of this website we have included the Experian (TRW) codes and score factors
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Coastal Credit Bureau is open Monday through Friday 6 AM to 6 PM PST and Saturday 8 AM to 4 PM PST
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Coastal Credit Bureau
626 577-8088 Fax 626 577-8665
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