Public Records

A credit report's public records section includes:

  • Tax liens
  • Bankruptcies, and
  • Court judgments (including child support judgments)

Inquiries

A credit report's inquiries section includes a listing of creditors or authorized users who have requested a copy of your credit report. There are three types of inquiries.

  • Normal Inquiries: Lenders are given permission to view your report to determine if you are a good candidate for lending.
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  • Promotional Inquiries: Creditors review the credit bureaus' databases based on a set of parameters and receive mailing address information for individuals matching their criteria. They are not viewing reports. They just want to give people who meet their parameters a firm offer of credit.
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  • Account Management Inquiries: Creditors who have permission to review the credit reports of their account holders may do so on a periodic basis. Many creditors include permission for these inquiries as a term of the lending contract.

The Fair Credit Reporting Act (FCRA) protects consumers from being penalized for inquiries that they did not initiate or request. Therefore, promotional and account management inquiries are excluded from the business version of credit reports.