7 secrets your credit report won't reveal

You may think your credit report says everything about you to anyone who will listen. But here are 7 personal details its pages don’t divulge.

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This is all a crock anyway as these reports are meant to provide an excuse to lenders to maximize  interest rates for citizens who borrow for anything.  Our wages are kept artificially low so we have to extend credit even for a minimal standard of living (like personal transportation).  I realized that once citizens starting behaving more responsibly and they created Universal Default so they could tag more as a "risk" and raise their rates.  Also when banks started using the European Libor rate and (look back) as opposed to US Prime to determine base rates.  Since the whole Libor process has proven to have been seriously manipulated, the case has been made for BS. You can live your life trying to keep abreast of all the "rules" used to define "good credit" behavior or you can reduce the amount of things you "need" and stay away from credit as much as possible.  I am sure they will only raise the "score" or deploy some other trick to score credit worthiness to bilk whatever citizens remain in the process to make up for those that have opted out.  In the end very few of us "opt" to borrow for a car, college education or a new home...what should the credit score be for banks that failed...they seem to be getting zero percent...why is their behavior less critical to their "scores" than ours? Bogus bogus bogus!

Dec 30, 2012 6:22PM
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The problem with the credit report companies is they do not verify the information. Any company can place something negative on a person's account even if the company did the wrong.  The American people should make the credit reporting companies more accountable for what they report.  They should have to contact the party they are reporting before being able to report.

Dec 30, 2012 6:51PM
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and nor should ur credit tell all,     credit reports have come to far now.   u do not want them to know all.   the ssn  noumber was never meant to be ur 666 no.  but it has become that way.   with out it u can not even get a job anymore.....  it is a tax no#  not a id no#...   but it is ur id...  that is wrong....
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The bank offers you a new credit card with discounts for gas,  then states your credit was bad,  blaming Experian, then you get your monthly report from the three agencies,  experian rates you excellent:  no repos, no late payments,    So Why?   Now we find that they give out several DIFFERENT reports.   Congress regulates only us!   They always leave the banks loopholes.
Dec 30, 2012 8:44PM
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THE THREE CREDIT REPORTING AGENCIES NEED TO BE HARNESSED BY THE GOVERNMENT. THE FREELY GIVE OUT WRONG INFORMATION AND NOTHING IS DONE ABOUT IT. THEIR FREECREDITSCORE.COM IS A CROCK BECAUSE IT IS NOT FREE. THEY GAVE OUT FALSE INFORMATION ON ME AND WOULD NOT TALK TO ME UNTIL I BOUGHT A CREDIT REPORT FROM THEM. THIEVES. HALF OF MY CREDITORS ARE NOT ON THE REPORT SO HOW IS THEIR REPORT CORRECT?
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I have always wondered how credit scores are even considered by future employers, getting a home loan and what the interest rates you will be charged on big ticket items.  I have nothing to worry about, but I wonder about all of the people who have lost jobs, lost homes, etc.  I don't understand how any of this is even legal.  There are so many people hurting right now with their finances, and trying to get back on track, but it seems like alot of this credit score stuff is really causing major issues for many people now.
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Read the book the Credit Reporting Agencies don't want you to read: "Liberty for None and Injustice for All" by Gerald H Eller
Dec 30, 2012 10:57PM
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i worked 7 years for one of biggest in the world & it would absolutely astound you of some of the many laws they break to help their clients the lending agent to charge you a higher interest rate? i had my manager tell me to LIE about clients trying to borrow for houses! the way they work is the level or amount of loan you are applying for & if it is 30,000 or more we cheat & lie a little, but when it is for a house or big ticket item we lie & cheat more! i know this to be true as i worked for these people & finally needed a breath of fresh air & left!
Dec 31, 2012 12:25AM
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i have been told my score is to low i have a good job the bank says my credit isn't that bad but i cant even get a used car let alone a home loan....i think this country is putting to much faith in a so called credit score so i just buy straight out no high interest rate for me i don't enjoy playing the credit game.....
Dec 30, 2012 11:07PM
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what do I think is the credit co. are working  with co and bank by keeping our scores low  so they can make more money pay higher interest rates
Dec 31, 2012 12:12AM
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A creadit report and rating is the most valuable tool a person has, yet we have no say in how it is reported, and we have NO IDEA how it is calculated. The Great Myth, too, is that credit can be "rebuilt"--once you screw it up, you are marked./ It is nearly impossible to rebuild a credit rating. And I have seen many a friend fall victim to those so-called "credit repair" people as well as those so-called "credit rebuilding" credit cards. Just stick to caysh. Credit is a trap.

Dec 30, 2012 11:25PM
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I have a bad credit rating, lots of gray hair and not one of them caused by credit. If fact, you get exception when you attempt to pay for a large item in cash. The only things I really miss are the offers of obtaining cards with a 15% discount on anything purchased.

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