11 Key Things That Are Not Mentioned In Your Credit Report


Whenever you apply for a credit card or loan, your card issuer or moneylender is the first to look at your credit report. A credit report is a document prepared by any of the major credit bureaus showing your credit history. It contains all the information about your payment behaviour, your loans, credit cards etc. But, there are still some things that no one can find on your credit report. Do you know what they are? If not, then this article is here with a list of things that are not mentioned in your credit report.

credit report

What is the importance of your credit report?

Your credit report is a summary of how well you can manage your credit card accounts or debts. It contains all the information about your past loans, credit cards etc., and helps the card issuers and moneylenders to decide whether they should accept your loan/credit card application or not. In addition, your credit score It is also determined by your credit report which is prepared by the credit bureaus. However, your credit report prepared by all the four major credit bureaus may vary as not all card issuers/ moneylenders provide your information to all three.

Your credit report needs to be checked not only by moneylenders but also by you. It is advisable to check your credit report regularly to avoid putting your financial health at risk. You should read and understand your credit reports so that you can use your credit knowledge to get an excellent credit score.

11 Things You Won’t Find on Your Credit Report

Financial information other than loans/credit cards

Your credit report will only contain financial information that pertains to the loan and no more. Information such as your savings, investments, account balances, transactions made by you, etc. will not appear on your credit report. But, any type of loan or credit card etc. taken by you will be mentioned in this.

employment income

Your credit report does not contain any information about your current employment status and your salary. However, the name of your previous and present employer may be mentioned in it if you had provided it while filling any application form for loan/credit card. Therefore, it is impossible for card issuers, moneylenders or anyone who checks your credit report to guess your exact salary. It’s just your past payment behavior that helps them understand how creditworthy you are until they ask you about your salary.

non-traditional loan

The loan you have taken from a private moneylender or any shop will not show up in your credit report and will not affect your credit score at all. Your credit report will only mention loans made from banks or authorized financial institutions and credit cards.

utility bill

Utility bills, such as electricity bills, water bills, social maintenance bills etc. will not be on your credit report, even if you pay them using net banking from your credit card. The card issuers / moneylenders have nothing to do with your utility bills but with your repayment behavior.

irrelevant personal information

Your credit report contains only the personal information that is required such as your name, current and permanent address, mobile number, date of birth, etc. It will not mention anything about your marital status, liabilities, religious or political affiliation.

Your spouse’s credit information

Your credit report doesn’t mention anything about credit history or payment behavior, even if you have a joint account with them. Your credit report only contains information about you and your credit history, not anything related to your spouse’s credit journey. But, it is better that both of you maintain a good credit score to get approved for any loan without any difficulty.

Reasons for early/late settlement

If you settle your outstanding loan or credit card dues before the due date, the credit report will never show the reasons for meeting the due amount early. Also, if you forget to make the payment on time, the reason for non-payment of the due amount will not be mentioned in the credit report.

credit utilization ratio

Credit utilization can affect your credit score both negatively and positively. Credit utilization ratio is the difference between credit limit and credit utilization. It is advisable to have a high ratio to maintain a good credit score. A credit utilization ratio of up to 30% is considered an ideal ratio.

list of defaulters

The credit report only shows your credit score and not the number of times you have defaulted on loan or credit card bills. Where your name will be shown, there is no defaulter list. Defaulting on a loan or bill payment will only have a negative impact on your credit score making it difficult for you to borrow money from the bank in future.

Loan Approvals Status and Analysis

Your credit report will never show your credit approval status and analysis. The report is not related to whether your application for credit card/loan has been approved or not. It is also not related to the number of times your application is scrutinized or inquired. Credit reports will never reflect such information.

Data on Savings and Investments

Credit reports do not contain information related to your savings and investment data. Savings or investing activities do not affect your credit score as they are the only representation of your financial position. Your credit report is solely based on the activities carried out through your current accounts, credit card accounts, fixed deposits etc.

ground level

Now, you must have understood what details are mentioned in your credit report and what are not. Your credit report contains only information that can help card issuers understand your financial dealings. To get a good credit score, it is important for you to check your credit report regularly so that you understand how you can improve your credit score. It is best to keep an eye on your credit report and review it after every 3 months. This will help you track any fraudulent activity that is not in your knowledge. You can easily get your credit report from your home using various credit rating agencies like CIBIL, Experian, etc.


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