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> Yes. Also, credit reports focus on currently delinquent accounts -- a missed credit card payment a few years ago almost certainly won't show up if the account
by blahedo 16y ago
> Yes. Also, credit reports focus on currently delinquent accounts -- a missed credit card payment a few years ago almost certainly won't show up if the account is currently not delinquent.
This is absolutely untrue. Have you looked at a credit report before? There is a table in it that includes information about each month for the last few years (I believe seven); and each month is a whole column of information about each of the various accounts you have been paying to. It indicates whether there was no payment needed, payment on time, or, yes, a late payment. Even if the account is currently paid up.
- cperciva 16y agoYes, I have looked at credit reports. Don't assume that all credit reports are as detailed as the one that you saw.
- mgkimsal 16y agoThe major 3 in the US - experian, transunion and equifax - all have that level of detail.
- thenduks 16y agoDefinitely. Where I live (Toronto) credit reports used for most things only have information like: "missed a payment in the last 30/60/120 days -- yes/no" and that's it. Pls, as above, most banks wont actually bother reporting a 1-day late payment at all.
- blahedo 16y agoI don't have to. The burden of proof is on someone who claims that something "almost certainly won't show up", when in fact there are a lot of circumstances where it definitely will. I'll concede that you might need to look at more than one report to see evidence of this, but I maintain that the ggp is incorrect and I was right to call it "absolutely untrue".