Your credit score (aka risk score, risk predictor, etc) means a numerical value or a categorization derived from a statistical tool or modeling system used to predict the likelihood of certain credit behaviors. Basically this means there very complicated math problems that look Read More »
Category Archives: FAQ
What is an Adverse Action Notice?
Whether you are the subject or requestor of a consumer report it’s very important to understand what an “Adverse Action” is and what that means to you. A consumer report can be a criminal background check, a credit check, the verification of previous Read More »
How do you know who a criminal record belongs to?
The most critical question anytime a record is reported in a consumer report is whether it is referring to the subject of the background check. Most (but not all) consumer reporting agencies (CRAs) will only report a record if there are multiple identifiers Read More »
Why are there a flags/alerts on my credit reports?
The “Address Discrepancy Rules” set by the Federal government in the Fair & Accurate Credit Transaction Act (FACT Act) are one of the most common reasons why a flag or alert will appear on a consumer credit report. The nationwide consumer reporting agencies Read More »