Next to each account, it will identify which bureauor bureausreported the account. Adverse accounts should fall off your credit report after 7 years, but you need to be sure that they do by checking your credit reports often and reporting overheld accounts. If you havent already, take a few moments to look up your score and an overview of your report with a credit monitoring service. For TTY service, call 711 and ask the relay operator for 1-800-821-7232. Please note that we may continue to retain and process your personal information in accordance with our agreements with the business identified in this form or as permitted by or required under applicable laws. With a deep understanding of the needs of mortgage professionals, we provide detailed and useful Merged Credit Reports for residential mortgage loans. It may show up on your credit history as Kroll Factual Data, Inc., or Kroll Factual Data. In this example, the account was paid in full after being sent to a collection agency. Your credit report is basically just a detailed record of your credit history and is used to determine your credit score as well as other financial decisions by lenders and other parties. "In the . Personal statements range from fraud alerts to consumer statements about being unemployed. Payment status is the current status of your adverse account. The credit report includes borrower information, public records; inquiries, credit account information, and credit scores. No hard credit inquiry is needed, and it has no impact on the consumer's credit score. Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Just to be safe, though, it's a good idea to call the lender or creditor you applied with to verify Factual Data Corp.'s involvement. *Factual Data Pre-Qualification reports cannot be used to pre-approve a consumer. Soft inquiries, as described above, simply verify your score. This is where the mysterious codes reside. If you see a Factual Data inquiry on your credit report that you believe is inaccurate, complete this form to dispute it. Optimize Your Lead Investment with Pre-Qualification Reports. This usually happens when you apply for financing. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. A Guide to Equifax Credit Report Terminology Reading time: 5 minutes Highlights: Some terms on your Equifax credit report may be unfamiliar to you Here is a guide to definitions of terms you may see on Equifax credit reports Regularly checking your credit reports can help ensure your information is accurate and complete It does require written instruction from the consumer allowing you to obtain their credit data. DO NOT EXTEND CREDIT WITHOUT FIRST VERIFYING THE IDENTITY OF THE APPLICANT. Experian, TransUnion and Equifax all accept online disputes. The type of inquiry is the scope of credit history requested whether a persons credit history or an organization or businesss credit history. Understanding The Credit Report #1 FILE #: Credit Reporti vg Age vy's credit report #. For specific questions regarding a lending decision, please contact your lending institution. How To Remove Items From Your Credit Report, How To Boost Your Credit Card Approval Odds. Responsibility: Individual accountDate opened: 03/2008Date closed: 05/2014Date paid: 05/2014. Since these agencies don't share information . Other factors, such as our proprietary website's rules and the likelihood of applicants' credit approval also impact how and where products appear on the site. Home equity line of credit (HELOC) calculator. Pre-Qualification reports can be customized to include data from one or more bureaus. Box 740241Atlanta, GA 30374P (888) 289-0201, PO Box 105108Atlanta, GA 30348-5108P (888) 497-0011. When a Factual Data client requests a copy of your credit report through our system, the inquiry may display as Factual Data. Depending on the specific error, you may need to submit copies of documents to support your case, which could include bank and credit card statements, loans or death certificates. 2. Step 2 #3 REPOSITORIES: Source of credit data for this report. Dont panic if all your employment information is not recorded on this report. (30, 60, or 90-day You can submit your human trafficking block request to Factual Data via mail or fax using the form located in the Human Trafficking Block section below (or using any other form of your choosing). Factual Data can help you understand any information on your Factual Data credit report and answer questions you have about the credit report. Keep your credit reports in a safe place. Report the identity theft to the Federal Trade Commission (FTC). While there may be minor differences in how each of your credit reports is organized, all three bureaus should provide accurate information in these five sections. Factual Data Corp. (FDC) is a credit reporting agency employed by lenders to obtain potential borrowers' credit reports from Experian, Equifax and TransUnion. How to get a copy of your credit report from all three major credit bureaus You can order one free copy annually of your credit report from Equifax, Experian and TransUnion by requesting it online with each bureau. Go to www.identitytheft.govand answer the questions to generate an identity theft report and recovery plan. Chapter 13 bankruptcy will remain in the credit report for 7 years from the filing date. Join lenders nationwide in starting your client relationship off on the right foot with a Pre-Qualification credit report. Pub/Other Trade Oldest-Newest Total High Credit Rating for R/O/I/M/C 4 01/2001 - 06/2004 3 2800 - 28K 1-One, 1-Two, 1-Other LEGEND [1] CONSUMER REFERRAL TELEPHONE NUMBER: Tells credit grantor where consumers may call if they are denied credit. Consumers can breathe easy knowing the soft credit inquiry will not hurt their credit score. This type of report does not initiate trigger leads, making it an ideal tool for protecting your initial lead investment. As such, they may obtain one or all of your credit reports in the screening process or a merged Factual Data credit report. Your credit report showcases your financial status. Disclaimer: This story was originally published on October 28, 2020, on BetterCreditBlog.org. You can contact FDC at the address or phone number below: 400 Holiday Dr., Suite 300 Pittsburgh, PA 15220, Phone Number: 800-216-3463 Website: http://www.factualdata.com. This interactive guide will help you determine the most effective way to acquire your report and how to read and understand it once you receive it. You can first try contacting the background check company that issued your report and ask if they would be willing to amend it if you prove that it contains factual inaccuracies. However, if FDC Corp. is on your report by mistake, you should do what you can to have the hard inquiry removed from your credit report. [2] Date file was accessed (mm/dd/yy). Checking your credit report is also a good way to spot identity theft. is a former senior reporter for CreditCards.com. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Many companies featured on Money advertise with us. What Does a Credit Report Listing a Grid Code G Mean? Collateral is property that the credit account holder uses to secure a line of credit. An installment account is a fixed line of credit that is paid over a certain period of time. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Save your credit reports so you have an accurate view of your total credit history. FDC most commonly provides mortgage lenders with merged credit reports, which combine the information from all three bureaus into one comprehensive document. However, its possible that an unfamiliar credit inquiry on your report could be the result of multiple potential lenders pulling your report after you apply for a loan or mortgage. Essential reads, delivered straight to your inbox. There are two types of inquiries: "hard" and "soft." Factual Data does not make lending decisions. You should get into the habit of checking your credit report for errors that could hurt your credit score or indicate identity theft. In this example, the creditor was requesting the credit history for a potential renter. See more This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. ID SECURITY ALERT: FRAUDULENT APPLICATIONS MAY BE SUBMITTED IN MY NAME OR MY IDENTITY MAY HAVE BEEN USED WITHOUT MY CONSENT TO FRAUDULENTLY OBTAIN GOODS OR SERVICES. There are a few exceptions, like when youre comparison shopping for a mortgage. Guaynabo, PR 00968. this link is to an external site that may or may not meet accessibility guidelines. For further information about automated content on CreditCards.com, email Lance Davis, VP of Content, at lance.davis@bankrate.com. Re: Factual data They will pull your credit from the three credit reporting agencies. A dedicated team of CreditCards.com editors oversees the automated content production process from ideation to publication. Here's how to dispute credit report mistakes, step-by-step: 1. This section does not include arrests, lawsuits, divorces or unaffiliated infractions with the law, like speeding tickets. 20072016 Credit Karma, Inc. Credit Karma is a registered trademark of Credit Karma, Inc. Instead, its a company that runs credit checks for lenders. Real Estate Accounts: Any mortgages that you have. Soft pull credit reports from Factual Data are quickly ordered using the EnterprisePlatform, and from a variety of POS and LOS options that suit your situation. They have helped thousands of consumers remove negative items from their credit reports and clean up their credit. In this example, a truck loan was granted, and the credit grantee agreed to surrender his truck if he is unable to pay the loan. Is Factual Data A Legit Company. If you use up your free credit report and want to check again for some reason, you can pay about $20 for each report. Our experts have learned the ins and outs of credit card applications and policies so you dont have to. However, all credit card information is presented without warranty. Factual Data provides credit check services for lenders. We are an independent, advertising-supported comparison service. All Rights Reserved. You can select one or all of the credit bureaus. Here's an explanation for how we make money It does require a hard credit inquiry. Below is a closer look at the difference between soft and hard inquiries. Human Trafficking Victim Credit Resources. Offers may be subject to change without notice. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. so check back soon to access your free credit scores, full credit report and more. Everyone in the U.S. is allowed one free copy of their credit report per year from each of the three major credit reporting agencies. Factual Data is a leading provider of independent verification services to mortgage lenders, banks, credit unions, property management firms, and other businesses. Privacy Policy. of payments, Open Account If you are a victim of human trafficking, you can block adverse information on your Factual Data credit report that is the result of illegal trafficking using this form. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. how to read a factual data credit report. For more information, read, How to Remove First Federal Credit Control from Your Credit Report, How to Remove First National Collection Bureau, Inc. from Your Credit Report, How to Remove Frontline Asset Strategies from Your Credit Report, How to Remove DCM Services from Your Credit Report, How to Remove FMA Alliance from Your Credit Report, How to Remove Factual Data from Your Credit Report. There are several different algorithms used to determine FICO scores. Perez of . Many consumers have a difficult time understanding their credit reports and piecing the three reports together, so here are examples and explanations of the most common elements that appear in each of the three free credit bureau reports.