credit

6 credit report items that scare lenders

Get your free credit score

Credit Cards » 6 credit report items that scare lenders

Is your credit report scaring lenders?
Previous
1 of 7
Next
Is your credit report scaring lenders? © Stuart Miles/Shutterstock.com

Is your credit report scaring lenders?

You pay your bills on time and never miss a payment. If you're still having trouble with credit, something on your credit report could be scaring lenders.

Everyone knows the big gremlins that haunt credit reports: items such as bankruptcies, foreclosures and even late or missed payments. Less dramatic items can also spark some anxiety in skittish lenders.

When you apply for a loan or a card account, lenders review your credit score and pull your credit report. Or they may take that report and pump it through one of their own scoring systems.

If they don't like what they see, you could be rejected. Or you may get approved with less-favorable terms. And it isn't just new applicants who have to run the gauntlet. Credit card issuers periodically review their current customers' files, too.

Even more confusing is that different lenders zero in on different credit report items. So it's entirely possible that, even for the same loan, no two lenders will see your credit history in exactly the same light.

Think there could be something heinous lurking on your credit report? Here are six items that could scare lenders.

Previous
1 of 7
Next

Top Card Offers

The best credit cards for you may be a click away. Check out card offers from our Bankrate.com partners.

See Card Offers

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 16.23% --0.00 16.23%
Cash Back Cards 16.49% --0.00 16.49%
Low Interest Cards 11.27% --0.00 11.27%
 
Search
advertisement
CREDIT CARDS WEEKLY NEWSLETTER
Credit cards on a table

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.

advertisement

Credit Card Blog

Jeanine Skowronski

Don’t help crooks crack your card

The Federal Trade Commission is warning consumers about a new scam called card-cracking, which involves turning over your bank account information, PIN number or online banking credentials to crooks.  ... Read more

Partner Center
advertisement

Connect with us