credit profile report unsurpassed data precision€¦ · profile report is provided on the...
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Experian’s Credit Profile Report gives you the accurate, current and complete information you need to:
• Acquirenewbusiness—Makedecisionsaboutnewcustomers andnewaccountswithspeed and accuracy
• Managecustomers—Monitor,evaluateandmakedecisionsbasedon changes in the customer profile as they occur
• Maximizecollections—Detectpotentialfraudulentactivityandtakeactionwhereyourrecoverychances are greatest
FileOneisyourkeytoprofitable decisionmaking
Complete — The most comprehensive nationwideconsumercredit informationavailable
Accurate — High-integrity, current information is provided
Easy to read — Our easy-to-read format groups similar data elements together for faster analysis
Flexible — Optional display formatsavailable
Current and relevant credit information — Higher hit ratios, more complete files and a uniquefilematching system that examines manyvariables
Saves you time and money — Eliminatesmultipleinquiries and replaces manual searches for information
For your reference, a sample Credit Profile Report is provided on the followingpages.
Toaccesstestdatausingtestsubcodes,please contact your Experian salesrepresentative.
Credit Profile Report Unsurpassed data precision and file coverage
The best decisions begin with the best information. Experian’s Credit Profile Report offers unparalleled accuracy and superior data quality generated by the File OneSM system.
Experian’s Credit Profile ReportFiles on more than 215 million credit-activeconsumersnationwidearemaintainedinExperian’sdatabase.Yourinquiryinitiatesasearchofthisdatabase,whichproducesanapplicant’scredithistory—theCreditProfileReport.Anillustrationanddescription of a sample Credit Profile Reportfollow.ToaccessourSTAR2000testdatabase,pleasecontactyourExperiansalesrepresentative.
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AConsumer’s name
SocialSecuritynumber(SSN)
Spouse’snameandSSN
Current address
Previous address
Driver’slicensenumber
Employment
Telephonenumber
Yearofbirth
Type of terms and amount
DirectCheckSM (optionalproductadd-on)
ProfileSummary(optionalproductadd-on)
RiskModel (optionalproductadd-on)Consumer’s name
Alternatenamessuchasdifferent, previoussurnamesornicknames associatedwiththeconsumer’sfile
Consumer’sSSN
OtherSSNsreportedontheconsumer’s file, in descending order basedonthenumberofoccurrencesreported;anasteriskdenotesanySSNnotmatchingtheinquiryinputSSN.
Consumer’syearofbirthordate ofbirth
Consumer’s address, including time framereported,sourceandnumber ofsubscribersreportingtheaddress:
U = Update tape
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B I =InquiryM=ManualdataP=PDS—Experian’sproprietary
data source
Consumer’spreviousaddresseswith source,inorderbyreliabilityofsource
Lastsubscriberreportingtheconsumerat his or her current address
Anasteriskprecedinganyaddressindicates the address did not match inquirycurrentaddress
Employer’s name and address, including time frame reported and source:
U = Update tapeI =Inquiry
Previous employer’s name and address, withtimeframereportedandsource
Consumer identifying (personal)information
Inquiry
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Dateandtimethat thereportwaspulled
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Messages(consumer)TheMessagessectionmayincludegeneral consumer statements and informational or other special messages.Consumerstatementsrelatingtoatradelineorpublicrecord item appear directly after theitem.
DemographicsDemographicscontainstheconsumer’stelephonenumber(includingsourceandphonetype:
R = Residential, B = Business, C = Cellular, P = Pager, T = Pay telephone, F = Fax,
I=Institution)andtheGEOcode ofthecurrentaddress.Optional bycontactingyourExperian salesrepresentative.
FraudShieldSM summaryTheFraudShieldSM summary contains messages related to FraudShieldfraudpreventionservices.ContactyourExperiansales representative for moreinformation.
ProfileSummaryProfileSummarycontains17significant calculations from the CreditProfileReport.Thisis
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C optionalwithPSUMkeywordoninquiry,orcontactyourExperiansalesrepresentative.
ScoreSummaryRiskmodelscoresaregenerated if you use Experian’s creditriskmodels.ThisisoptionalwithRMkeywordoninquiry,orcontactyourExperiansalesrepresentative.Thisalsomay optionally display score factorcodedefinitions.
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H Publicrecords Publicrecordinformationconsistsofbankruptcies,liensandcivilactionsagainstaconsumer.
Reporting court’s name
Reportingcourt’ssubscribernumber
Typeofpublicrecord/status ofpublicrecord
Originalfilingdatewithcourt
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Reminder: ToensurecompliancewiththeFairCreditReportingAct,youmustexercisereasonablecaretoinputaccurateidentificationbelongingtotheconsumerwhenrequestingservices.
Statusdateifstatusissatisfied,released, vacated, discharged or dismissed
Amountofpublicrecord
Codedescribingtheconsumer’sassociationtothepublicrecorditempertheEqualCreditOpportunityAct
CertificateIDordocketnumber
Bookandpagenumber
Plaintiff’s name
Voluntary indicator only; may display asVOLUNifconsumervoluntarilydismissedbankruptcy
Liabilityandassetamountsfor bankruptciesonly
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TradesAnyorallofthefollowinginformation may appear if providedbyasubscriber:
MortgageIdentificationNumber(MIN)formortgagetrades
Original credit grantor name for third-party collection agency trades
Balloon payment information (dateandamount)
Compliance condition code reportedbyasubscribertodistinguish accounts that are “ClosedbyConsumer”and/or“DisputedAccounts.”
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Specialcommentsreportedbyasubscriberorconsumertodistinguish accounts that may requirespecialhandling
Deferredpaymentstartdatefor deferredloans.Loans;deferredindicates the terms of the loan have beendeferredtoafuturedate.
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Payment level date is the current status date
The amount past due for the account
Dateofconsumer’slastpayment on the account
Payment amount the consumer is scheduled to pay on the account
Actualmonthlypaymentisindicatedbythe“-A”directlyafterthemonthlypayment amount; represents the actualpaymentamountreceivedby thelenderforthatreportingperiod.
Scheduledmonthlypaymentis impliedifthereisno“-A”or“-E.”
Estimated monthly payment is indicatedbythe“-E”directlyafter the monthly payment amount, calculatedbyExperianbasedon thereporter’sformula.
Balance date is the date of the subscriber’sreportedupdate ontheaccount.
Currentbalanceontheaccount
The account condition indicates thecurrentconditionoftheaccount.
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Anasteriskprecedingpublicrecordinformation or a trades indicates that information may need furtherreview.
Reportingsubscriber’sname
Reportingsubscriber’snumber
KOB(KindofBusiness)Codedescribesasubscriber’sbusiness. Thefirstletterdesignatesanindustry.Thesecondlettermorenarrowlydefinesasubscriber’sbusiness.
Datetheaccountwasopened
Amountoftheloanor creditestablished
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Payment status comments reflect the payment history of the account asofthebalancedate.
Type of account
Consumer’s payment history during thepast25monthsbeginningwith themonthrepresentedbythebalancedate.Thecodesreflectthe status of the account for each monthandaredisplayedforbalancereportingsubscribersonly:
C Current
NCurrentaccount/Zero balance—noupdatetape received for this trade
0 Currentaccount/Zero balance—reportedon update tape
1 30 days past the due date
2 60 days past the due date
3 90 days past the due date
4 120 days past the due date
5 150 days past the due date
6 180 days past the due date
7 Chapter13Bankruptcy(petitioned,discharged, reaffirmation of debtrescinded)
8 Foreclosure proceeding, deed in lieu
9 Chapter7,11or12Bankruptcy(petitioned,discharged,reaffirmationofdebtrescinded)
G Collection
H Foreclosure
J Voluntary surrender
K Repossession
L Charge-off
B Accountconditionchange: paymentcodenotapplicable
-(dash)Nohistoryreportedfor that month
BlankNohistorymaintained; see payment status comment Consumer’saccountnumber
Codedescribingconsumer’s association to the account per theEqualCreditOpportunityAct.
Terms of account
Maximumdelinquencyandpayment code is the most recent date and codeoftheworststatus
Monthsreviewedindicatesthetotalnumberofmonthshistoryhasbeenmaintained for the account
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InquiriesInquiriesindicatethataCreditProfileReportwasreceivedonthatdatebythesubscriberlisted.Inquiringsubscribername,numberandKOBareshown.Type,terms and amount may display and are fromthesubscriber’sinquiryinput.
DirectCheckSM
DirectCheckSM is the fastest, mostinexpensivewaytocontactothercreditgrantorstoobtaintheupdated information that you need aboutyourcustomer.Contactyour Experian sales representative for moreinformation.
ConsumerAssistanceName,address,telephonenumberandWebsiteofExperian’sconsumerassistance office or credit reporting
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KSM
agency nearest to the consumer’s currentaddress.Useforconsumerreferrals.Displayiselective;contactyourExperiansalesrepresentative.
TofindoutmoreaboutCreditProfileReport, contact your local Experian sales representative for more informationorcall18884141120.
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Portfolio“SoldTo:”or“PurchasedFrom:”name
Twoamountsmaydisplay.Indicates theaccounthasa$12,500(L)imitand the(H)ighestbalancewas$10,659.
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