Who Can Access Your Credit Report

Your credit report is an extremely important document that contains highly personal information. Everyone should read their own credit report at least one time per year. Understanding what is inside of your report is crucial. Likewise, knowing who can access your report can save you a lot of grief.

Simply stated, the only businesses that can access your credit report are the ones that have your written permission. Of course, this means that you must be aware of what you are signing. Confused? You see, when you sign up for any service or credit card of any kind, you will be asked to sign some type of contract.

This contact can be in the form of a quick online form, or it can be in the form of numerous pieces of paper. Either way, unless you read through all the small print, you may give a company permission to access your credit without your complete knowledge. In short – read the fine print.

Another way for a company to access your report without your consent is if they strike a deal with a credit bureau. Credit bureaus will allow certain lenders and merchants to access credit reports. However, these businesses must have a valid reason for tapping into your personal information.

If you find that someone has been looking at your credit report, make sure to find out who and why. Those that have checked your report illegally can be held accountable for fraud. This is precisely why it’s important to read your credit report every single year…at least once per year.

There are more people looking at your credit than you think. Find out who those people are, and make sure that they have permission to view your personal information. Your credit report is one document that should be protected at all costs; no matter how much disputing it takes.
 
You are considering a cash advance loan application? You are concerned about your credit report? The answer to your concerns is easy: Don’t be concerned! Your cash advance loan application will not show up in your credit report nor will your current credit score play a role in getting that loan that you need. Cash Advance loans are unsecured, but do not get reported to the 3 credit bureaus. So, you are safe applying for that critical loan now.