Money Talks, So Should You

Q&A: What is a credit report?

David John Marotta
by David John Marotta, NAPFA (@MarottaOnMoney)

Your credit report includes both personal and credit repayment history. Included in the personal information section is your name, address, Social Security number, current and previous addresses and employment history. I recently checked my credit history and discovered that one of the digits of my Social Security number had been incorrectly entered on an account.

It was listed as an SSN alias in the report.

READ: How do I correct a mistake in my credit history?

The body of your report outlines your current lines of credit, your payment history and any potentially negative items such as companies that have denied your requests for credit. It also lists companies that have requested your credit history and any companies you have authorized to view your credit for business or insurance purposes. Review this information for accuracy.


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David John Marotta, CFP, AIF, is president of Marotta Wealth Management, Inc. Marotta is a member of the National Association of Personal Finance Advisors (NAPFA), a fee-only professional association and a Dimespring knowledge partner.