When a person applies for a credit card he or she begins the process of developing a credit history

When a person applies for a credit card he or she begins the process of developing a credit history

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When a person applies for a credit card he or she begins the process of developing a credit history which becomes the basis of a credit report. A credit report contains your name and any name variations, your address, Social Security number and employment information. Your legal record may also be included in your credit report, including marriage, divorce, liens, bankruptcy and other matters of public record. When a standard credit report is not thorough enough, an investigative consumer report can be
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Unformatted text preview: requested. Among those using these reports are insurance companies, employers and landlords. Investigative reports can contain information on your character, reputation, personal characteristics and life style. This information may be gathered through personal interviews with neighbors, friends, associates or acquaintances, as well as a search of public documents such as property and court records....
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This note was uploaded on 11/14/2011 for the course POS POS2041 taught by Professor Dr.feinman during the Fall '10 term at Broward College.

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