Your credit report may list some old, unpaid debts—ones you might have forgotten. Perhaps an old debt was forwarded to a collection agency. When the collection agency could not find you, it reported the delinquent debt to the credit bureaus. This is an example of negative credit information.
Other information on your credit report that is seen as negative by potential lenders, landlords or employers includes:
Late payments on credit cards and loans.
Unpaid debts.
Bankruptcy.
Court judgments against you, such as child support payments or lawsuits in which you owe money.
There's a chance that your credit report lists debts that don't belong to you. It's not unheard of for credit files to be mixed up, especially for people who have common names.
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Your credit report may list some old, unpaid debts—ones you might have forgotten. Perhaps an old debt was forwarded to a collection agency. When the collection agency could not find you, it reported the delinquent debt to the credit bureaus. This is an example of negative credit information.
Other information on your credit report that is seen as negative by potential lenders, landlords or employers includes:
There's a chance that your credit report lists debts that don't belong to you. It's not unheard of for credit files to be mixed up, especially for people who have common names.