My Credit Score
 

topics

Debt consolidation: How it can help your credit report

Credit bureaus: What’s the difference between TransUnion, Equifax, and Experian?

My credit report: What is a Real Estate Account and how does it relate to my credit report?

My credit report: What is a Revolving Account and how does it relate to my credit report?

My credit report: What is an Installment Account and how does it relate to my credit report?

My credit report: What is a Collection Account and how does it relate to my credit report?

My credit report: What are my Public Records and how do they relate to my credit report?

My credit report: What is a Credit Inquiry and how does it relate to my credit report?

My credit report: What is a Credit Account History and how does it relate to my credit report?

My credit report: What details are listed per credit account in my credit account history in my credit report?

PLUS Score report: What is a PLUS Score and how does it relate to my credit report?

PLUS Score report: What does a PLUS Score mean?

PLUS Score report: Who uses a PLUS Score?

PLUS Score report: What factors lower your PLUS Score?

 
 
 

My credit report: What is a Credit Account History and how does it relate to my credit report?

 

A credit account history is a section of your credit report that provides detailed information on the history of your credit, which will include information on your credit activity for approximately the last 10 years. This information is gathered by credit agencies from creditors, lending institutions, government entities and other related organizations. The Credit Account History section of your credit report will include information on when your accounts were opened and how long the accounts were used. Additionally, it will list the total amount of your loans and available credit, payment history, status of the account and monthly payment requirements. It will also specify the type of account (e.g. revolving, installment, mortgage). It’s noteworthy that the credit agency issuing your report may refer to the individual accounts as “trade lines.”

A credit account history appears on your credit report to help potential creditors determine your credit worthiness. If you have a short credit account history, for example, you may be considered a higher risk loan candidate than someone who has a long credit account history with good payment practices. It’s also important to make sure your accounts are current and that your level of available credit is fairly high in relation to your debt. Remember, it’s important to check your credit report periodically to ensure it is accurate and to deal with any credit issues that might need attention. If you are concerned about your credit account history and would like advice on how to cultivate a credit account history that is regarded favorably among creditors, talk to a nonprofit credit counselor today.

 

 

merchants

Debt Consolidation

Debt Counseling

Credit Counseling

Debt Management

Debt Settlement
Debt Relief Network

Tax Debt Settlement
Tax Relief Network

Debt Consolidation Loans for Home Owners
MoneyNest
Countrywide Home Loans

Refinancing Loans for Home Owners
MoneyNest
Countrywide Home Loans

Home Improvement Loans for Home Owners
MoneyNest
Countrywide Home Loans

Second Mortgages for Home Owners
MoneyNest
Countrywide Home Loans

First Time Mortgages

Home Equity Loans for Home Owners
MoneyNest
Countrywide Home Loans

100% Loans for Home Owners

100% Line of Credit for Home Owners

125% Loans for Home Owners

125% Line of Credit for Home Owners

Home Equity Lines of Credit for Home Owners
MoneyNest
Countrywide Home Loans

 

   articles & resources            contact info            privacy policy   

 


Copyright © 2008 - 2017 MyCreditScoreReview.com,
All rights reserved.