9 things that won’t show up on your credit report

Category: credit

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Knowing which items don’t show up on your credit report can help to give you a better understanding on which types of financial activities will influence your credit score. While there is plenty of activity that will show up on your credit report and affect your score, there are a lot of things that won’t. Depending on what the item is, this could possibly work in your favor.

Medical bills

Unfortunately, paying that large medical bill on time won’t appear on your credit record and won’t affect your credit score. However, timely payments will ensure that it doesn’t hurt you credit score, either. A late medical bill won’t show up on your credit profile, unless it’s to the point that the bill was sent off to a collection agency. At that point, as with any unpaid debt that is put in the hands of a collection agency, it will appear on your credit report.

Utility bills

Similar to medical bills, paying your utility bill on time won’t help your credit score. It will only appear on your credit record if you default and your account is sent to collections.

Your income

It doesn’t matter if you make very little or a lot—this won’t show up on your credit report. While lenders will often want to verify this information before accepting a loan application, it is not information that is available on a consumer’s credit profile.

Marital status

Whether you’re married or divorced, this information won’t solely appear on your credit report. However, if you share an account with your spouse or close a joint account, these are things that will show up and affect your score.

Prepaid debit cards

Because there is no line of credit involved, the use of a prepaid debit card won’t affect your credit score and therefore, won’t appear on your credit record. If you’re looking for a way to establish credit again, try a secured credit card. This type of card functions like a credit card, but requires a cash deposit.

Checking accounts

Don’t expect to find checking account information on your credit report unless you over drafted and never paid the money back.

Certain employment information

You may see certain things on your credit report regarding your place of employment. In addition to salary, however, another thing that is never revealed on your credit report is the dates you were employed. In other words, if you lost your job, it won’t show up on your credit report.

Criminal records

Any criminal past won’t show up on a consumer’s credit report.

Non-conventional loans

Certain types of loans, such as car title loans or payday loans, won’t appear on a credit report.

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Nothing above is meant to provide financial or tax advice. You should meet with appropriate professionals for such services. 

Tags: bills, checking accounts, credit, Credit Reports, debit cards, income, loans, medical bills

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