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Types of Credit Reports
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Single Bureau Report: This report provides
information from a single bureau and typically costs eight to
ten dollars.
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Three Bureau Merged Report: This report
provides information from all three bureaus and typically
costs twenty to thirty dollars.
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Standard Factual Credit Report: This is a more
detailed credit report and costs forty to sixty dollars.
The Standard Factual Credit Report is prepared
by a credit service bureau in your area, and is forwarded to
both you and your loan officer. The local credit bureau will
request your credit history from all three credit reporting
agencies, edit those reports for currency and consistency, and
blend them into a single document for delivery to the interested
parties. They will begin this process only upon receipt of a
consent form signed and dated by you at the time you file your
application with a loan officer. There are several categories of
information in the completed report:
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Identifying information
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Employment information
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Credit information
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Public records if any (tax liens, judgements,
bankruptcy etc)
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Inquiries for your record by others
The following categories are NOT included in
your report:
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