|:: COURT RECORDS
Bankruptcies, judgments, divorces, liens,
satisfied judgments or liens are all considered court records
and show up on your credit report as negative listings.
Any time a creditor turns a delinquent
account or bad check over to a collection agency, it shows
up on your credit report and is considered to be a very negative
listing. This shows up on your credit report as Collection
Account, and can appear as a paid or unpaid account.
:: MERCHANT TRADE LINES
Regular credit lines, department store
cards, auto loans, mortgages and credit cards are all under
the heading of Merchant Trade Lines. Credit grantors consider
these listings negative if they:
1. Have a history of late payments
2. Have been included in a bankruptcy
3. Have been charged off
4. Put into repossession
If credit grantors observe excessive credit
inquiries on your credit report, it may sometimes result in
your being turned down for a loan. Whenever a lender takes
a look at your credit report, it will show up on at least
one of the credit bureau reports.