Experian Credit Report Understanding

Sep 25
2010

i need help to understand experian credit report?

got hired as loan rep trainee but supervisor is unwilling to teach

Hmmm – I’d go looking for a job elsewhere.

But to answer your question;

The relevant information is the score, the number of accounts past due but still active, the number of unpaid collection accounts, and the ratio of the present debt to the available credit lines.

The score will be most important – as below certain values, your loan company will not be willing to make loans, or will use the score to determine interest rates.


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