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What is a Credit Report? |
Information in your credit report can affect your ability to get a job, a mortgage loan or other types of loans, a credit card or insurance. To make sure the information in your report is accurate, you may contact one of the three primary credit agencies to obtain a copy of your free annual credit report.
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Inquiries |
"Inquiries" usually occur when you are applying for additional credit (e.g., opening an account at a department store or applying for an automobile loan). If the "Inquiry" has been made within the past 90 days, it is noted on the report to the lending entity. The lending entity wants to know the extent of other credit applications you may have outstanding so it can consider the impact of these potential obligations on your loan application.
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Correcting Inaccuracies |
Because these computerized services can make mistakes, the credit agencies have established mechanisms to handle such problems by having consumers start with a telephone call or letter to the credit agency to request either a copy of their credit report or to reinvestigate or correct the items in question.
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Who Can See It? |
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Fair Credit Reporting Act |
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You are entitled to a FREE Credit Report |
You are entitled to a free copy of your credit report once a year from each of the three major credit agencies. |
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OPRA is a state law that was enacted to give the public greater access to government records maintained by public agencies in New Jersey. | ![]() |
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Copyright © 2011,
State of New Jersey New Jersey Department of Banking and Insurance |