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Score Power® as of March 20, 2008
Name:Melissa Carson
Confirmation Number:123456789  

This Score Power® , including your Equifax Credit Report ™ and FICO® score analysis, is available for you to view until 04/20/2008 . If you would like a current Score Power, you may order another one in the Member Center.

Section TitleSection Description
1. Credit ScoreSummary, Understanding Your Score, Helping Your Score, Hurting Your Score, How Lenders See You
2. Credit ReportPersonal, Credit, Account, Inquiry, Public and Dispute Information

CREDIT SCORE
Section TitleSection Description
1. Credit Score SummarySummary of how your score rates
2. Understanding Your ScoreSummary of factors that are affecting your score
3. Helping Your ScoreDetailed information of factors helping your score
4. Hurting Your ScoreDetailed information of factors hurting your score
5. How Lenders See YouThe bottom line on how lenders may view your credit risk
Credit Score Summary

Your FICO® score as of March 20, 2008 is:

Good
704

Your FICO® score of 704 is better than 43 % of US Consumers

  • FICO® scores range between 300 and 850.
  • Higher scores are considered better scores.
How Your Score Rates - Good 660-724

Factors Affecting Your Score

Your Equifax FICO® score is based on the information in your Equifax Credit Report ™ . Below are factors in your credit report that are hurting or helping your score.

Good

Amount of Debt

Your total amount of outstanding debt.

Great

Amount of New Credit

Amount of credit you've recently obtained or applied for.

Great

Payment History

Your history of paying bills on time.

Not Good

Length of Credit History

How long you've had credit.

Understanding Your Score

Here are the top factors hurting and helping your score. The factors are listed from highest to lowest impact to your score.

What's Hurting Your Score?

  1. Few accts. paid on time
  2. No credit card activity
  3. Short account history
vs

What's Helping Your Score?

  1. No missed payments
  2. Not seeking credit
  3. Few new accounts
Hurting Your Score

The negative factors listed below are reasons why your FICO® score is not higher. You should focus on changing the behavior that caused these factors. These factors are listed in order of impact to your score – the first has the greatest negative impact and the last has the least .

1. You have few accounts that are in good standing.

Your FICO score considers the number of accounts where you are paying your bills as agreed - in your case this number is too low. This is because you have very few accounts or because you've missed payments recently on some of your accounts.

What to do about this: Get your accounts in good standing by getting caught up on all back payments and continuing to pay all your bills on time.

If you don't have many accounts, you might consider opening a new credit card. However, the credit inquiry associated with opening a new credit card may lower your score in the short term. Opening a new credit card and managing your credit wisely will demonstrate that you can handle different types of credit.

If the late payments on your credit report are valid, you should focus on continually paying all your bills on time. This will demonstrate a good payment history and these current late payments will have less of an impact on your score as time passes.

Number of your accounts currently being paid as agreed1 accountStar FICO High Achievers [?] have an average of 6 accounts currently being paid as agreed.

2. There is no recent activity on your credit cards.

Your credit report shows no open credit cards [?] or it does not report recent information (such as balance or credit limit) about any of your credit cards. Your FICO score evaluates your mix of credit cards, installment loans, and mortgages. People who demonstrate responsible use of different types of credit are generally less risky to lenders.

What to do about this: You might want to show new activity on any credit card. If you already have a credit card, you can show new activity by using it and paying it back on time. If you don't have a credit card, consider opening one. However, be aware that the credit inquiry associated with applying for a new card may lower your FICO score in the short term.

3. You have a short credit history.

Your FICO score measures the age of your oldest account and the average age of your accounts. In your case, either your oldest account was opened recently or the average age of your accounts is relatively low. People that do not frequently open new accounts and have longer credit histories generally pose less risk to lenders. Therefore, as your credit history lengthens and you pay your bills on time, this factor should have less of a negative impact on your score.

Your oldest account was opened2 years agoStar FICO High Achievers [?] opened their oldest account 19 years ago, on average.
Average age of your accounts2 yearsStar Most FICO High Achievers [?] have an average age of accounts between 6 and 12 years.
Helping Your Score

The positive factors listed below reflect areas of your credit behavior that are helping your FICO® score. You should continue the good practices listed here. These factors are listed in order of their impact to your score – the first has the greatest positive impact and the last has the least.

1. You have no missed payments on your credit accounts.

You helped your FICO score by paying your bills on time. Staying current with your bills will continue to help your score.

Number of your accounts with a missed payment0 accountsStar About 93% of FICO High Achievers [?] have no missed payments at all. But of those who do, the missed payment happened nearly 4 years ago, on average.

2. You're not actively looking for credit.

You've helped your FICO score by not actively seeking credit. Each time you apply for credit, a credit inquiry is performed. Your credit report shows no recent credit inquiries, which indicates that you are not currently looking for credit. People who are actively seeking credit pose more of a risk to lenders than those who are not.

Your applications for credit in the past year0 inquiriesStar About 72% of FICO High Achievers [?] did not apply for credit in the past year. Of those that did, about 20% applied for credit just once.

3. You've been careful in how many credit accounts you've recently opened.

Opening several credit accounts in a short time period creates a risk of future repayment. By limiting the number of new accounts opened, you've helped your FICO score.

Number of accounts you opened in the past year0 accountsStar About 54% of FICO High Achievers [?] did not open an account in the past year. Of those that did, about 27% opened just one account.
How Lenders See You

Your FICO® score as of March 20, 2008 is:

Good
704

Your FICO® score of 704 is better than 43 % of US Consumers

  • FICO® scores range between 300 and 850.
  • Higher scores are considered better scores.
  • That is the higher your score, the more favarably lenders look upon you as a credit risk.

The Bottom Line

A FICO® score of 704 is a little below average. Keep in mind, however, that many lenders consider scores in this range as acceptable. Based on your score alone, you might expect the following:

See More Information in Understanding Your Score Section

The FICO® score is calculated based on the information contained in your Equifax credit history. While knowing your actual score is a good start, understanding the key factors affecting your FICO® score is much more important. These factors will provide you direction on how future changes in your credit behavior might affect your FICO® score over time. Remember that there are no quick fixes; accurate and timely information on your credit report cannot be removed in order to change your score. Only by maintaining your credit behavior over time can you positively affect your creditworthiness.

Delinquency Rates*

You Are Here, 700-749

Risk Rate 5%

Most lenders would consider consumers in this score range as very low risk.

Most lenders would consider consumers in this score range as very low risk.

* Defined as the percentage of borrowers who reach 90 days past due or worse (such as bankruptcy or account charge-off) on any credit account over a two year period.

Average Loan Rates by Score

Mortgage

30 yr Fixed Confirming

US Average

Interest Rates as of 11 06,2009

 ScoreAPR
760-8504.661%
You You700-7594.883%
680-6995.060%
660-6795.274%
640-6595.704%
620-6396.250%
600-619NaN%
580-599NaN%
550-579NaN%
500-549NaN%

See which lenders offer the best rate for people with a FICO® score of 704 at Learn@Equifax

Click here to see lender offers

† FICO® score band and interest rate source: ©2009, Informa Research Services, Inc



CREDIT REPORT
Section TitleSection Description
1. Credit SummarySummary of account activity
2. Account InformationDetailed account information
3. InquiriesCompanies that have requested or viewed your credit information
4. Negative InformationBankruptcies, liens, garnishments and other judgments
5. Personal InformationPersonal data, addresses, employment history
6. Dispute File InformationHow to dispute information found on this credit report

Credit Summary

Your Equifax Credit Summary highlights the information in your credit file that is most important in determining your credit standing by distilling key credit information into one easy-to-read summary.

Accounts

Lenders usually take a positive view of individuals with a range of credit accounts - car loan, credit cards, mortgage, etc. - that have a record of timely payments. However, a high debt to credit ratio on certain types of revolving (credit card) accounts and installment loans will typically have a negative impact.

Open
Accounts
Total
Number
BalanceAvailableAvailable credit does not include accounts without a credit limit, such as mortgage or installment accountsCredit
LimitCredit Limit includes the high balance for accounts without a credit limit, such as mortgage or installment account
Debt to
Credit
Ratio
Monthly
Payment
AmountMonthly Payment Amount includes the amount owed per month on all accounts due on a monthly basis
Accounts
with a
Balance
Mortgage2$253,433$0$56,250451%$1,8252
Installment1$17,087N/A$19,84386%$3771
Revolving3$0$21,400$21,4000%$00
Other0$0N/AN/AN/A$00
Total6$270,520$21,400$97,493277%$2,2023

           Debt by Account Type             Debt to Credit Ratio by Account Type

NOTE: Total may not equal 100% due to rounding

Account Age

Usually, it is a good idea to keep your oldest credit account open, as a high average account age generally demonstrates stability to lenders. Also, especially if you have been managing credit for a short time, opening many new accounts will lower your average account age and may have a negative impact.

Length of Credit History9 Years , 6 Months
Average Account Age5 Years, 1 Months
Oldest AccountABC LOANS  (Opened 09/1997)
Most Recent AccountXYZ INSTALLMENT LOANS  (Opened 04/2006)

Inquiries - Requests for your Credit History

Numerous inquires on your credit file for new credit may cause you to appear risky to lenders, so it is usually better to only seek new credit when you need it. Typically, lenders distinguish between inquiries for a single loan and many new loans in part by the length of time over which the inquiries occur. So, when rate shopping for a loan it's a good idea to do it within a focused period of time.

Inquiries in the Last 2 Years3
Most Recent Inquiry123 UTILITY  (03/05/07)

Potentially Negative Information

Late payments, collections and public records can have a negative impact on your credit standing. The more severe and recent they are, the more negative the potential impact might be.

Public Records3
Negative Accounts2
Collections1

Mortgage Accounts

Mortgage accounts include first mortgages, home equity loans, and any other loans secured by real estate you own.

Open Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
123 Mortgage
Company
642889XXXX  12/2003  $210,0
75
02/2007  $0  PAYS AS AGREED $0 

123 Mortgage Company

123 Sumter Rd
Albany, NY-12201
(518) 555-8843

81-Month Payment History
ABC HOME EQU
ITY
745XXXX  12/2003  $43,35
8
01/2007  $0  PAYS AS AGREED $56,25
0

ABC HOME EQUITY

123 Homewood Blvd
Catskill, NY-12414
(518) 555-3367

81-Month Payment History

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Installment Accounts

Installment accounts are credit accounts in which the amount of the payment and the number of payments are predetermined or fixed, such as a car loan.

Open Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
XYZ INSTALLM
ENT LOANS
33699568XX
XX
04/2006  $17,08
7
01/2007  $0  PAYS AS AGREED $0 

XYZ INSTALLMENT LOANS

123 Kendall Rd
Birmingham, AL-35204
(205) 555-3345

81-Month Payment History

Closed Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
123 LENDING
CO
8433XXXX  10/1997  $0  02/2003  $0  PAYS AS AGREED $0 

123 LENDING CO

123 Tilly Mill Rd
Atlanta, GA-30339
(770) 555-5578

81-Month Payment History
ABC Lending
Co
422XXXX  09/2003  $0  04/2006  $0  PAYS AS AGREED $0 

ABC LENDING CO

123 Millbrook Ave
Birmingham, AL-35201
(205) 555-5252

81-Month Payment History

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Revolving Accounts

Revolving accounts are charge accounts that have a credit limit and require a minimum payment each month, such as most credit cards.

Open Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
ABC BANKCARD  4332989861
00XXXX
12/1998  $0  01/2007  $0  PAYS AS AGREED $8,800 

ABC BANKCARD

PO Box 123
Oklahoma City, OK-73101
(405) 555-8100

81-Month Payment History
ABC CREDIT C
ARDS
4223663512
33XXXX
03/2003  $0  01/2007  $0  PAYS AS AGREED $4,600 

ABC CREDIT CARDS

123 W 43rd St
Baltimore, MD-21075
(410) 555-0075

81-Month Payment History
XYZ BANKCARD  4873664803
16XXXX
08/2001  $0  01/2007  $287  PAYS 91-120 DAYS $8,000 

XYZ BANKCARD

123 Riverside Ave
Tuscon, AZ-85701
(520) 555-1244

81-Month Payment History

Closed Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
123 CREDIT C
O
5336968842
21XXXX
02/2001  $0  06/2006  $0  PAYS AS AGREED $3,200 

123 CREDIT CO

123 Allyson Rd
Tuscon, AZ-19019
(215) 555-8863

81-Month Payment History
321 CREDIT C
ARDS
6332488211
13XXXX
03/2003  $0  05/2004  $0  PAYS AS AGREED $4,000 

321 CREDIT CARDS

123 Vance Dr
Peoria, IL-61601
(309) 555-9968

81-Month Payment History
XYZ CREDIT C
O
6332488211
13XXXX
03/2004  $0  01/2007  $0  PAYS AS AGREED $2,000 

XYZ CREDIT CO

123 Lawrence Village
Oklahoma City, OK-73103
(800) 555-8100

81-Month Payment History

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Other Accounts

These are all accounts that do not fall into the other categories and can include 30-day accounts such as American Express.

Closed Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
ABC LOANS  31667XXXX  09/1997  $0  09/2003  $0  CHARGE-OFF $0 

ABC LOANS

123 Martin Ave
Olympia, WA-98503
(206) 555-1237

81-Month Payment History

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Payment History Key

MeaningSymbolMeaningSymbol
Pays or Paid as Agreed: * 180+ Days Past Due:180
30-59 Days Past Due:30Collection Account:CA
60-89 Days Past Due:60Foreclosure:F
90-119 Days Past Due:90Voluntary Surrender:VS
120-149 Days Past Due:120Repossession:R
150-179 Days Past Due:150Charge Off:CO

Inquiries

A request for your credit history is called an inquiry.Inquiries remain on your credit report for two years. There are two types of inquires those that may impact your credit rating and those that do not.

Inquiries that may impact your credit rating
These inquires are made by companies with whom you have applied for a loan or credit.

Name of Company Date of Inquiry
123 UTILITY  03/05/07

Creditor Contact Information

123 UTILITY
123 Perry St
Boston, MA 02101
 

ABC LENDING CO  02/06/07

Creditor Contact Information

ABC LENDING CO
123 Millbrook Ave
Birmingham, AL 35201
(205) 555-5252

XYZ CREDIT  01/29/07

Creditor Contact Information

XYZ CREDIT
123 Walton Ave
Grand Rapids, MI 49501
 


Inquiries that do not impact your credit rating
These inquires include requests from employers, companies making promotional offers and your own requests to check your credit. These inquiries are only viewable by you.

Company InformationDate of Inquiry
ND-Promotional Inquiry  07/11/06
EFX-Equifax Consumer Services  01/17/07
PRM-ECAS  12/03/06, 12/15/06
PrefixPrefix Description
PRMInquiries with this prefix indicate that only your name and address were given to a credit grantor so they can provide you a firm offer of credit or insurance.
(PRM inquiries remain for twelve months.)
AM or ARInquiries with these prefixes indicate a periodic review of your credit history by one of your creditors.
(AM and AR inquiries remain for twelve months.)
EMPLInquiries with this prefix indicate an employment inquiry. (EMPL inquiries remain for 24 months)
Equifax or EFXInquiries with these prefixes indicate Equifax’s activity in response to your contact with us for a copy of your credit file or a research request.
NDInquiries with this prefix are general inquiries that do not display to credit grantors.
(ND inquiries remain for twelve months.)
ND MRInquiries with this prefix indicate the reissue of a mortgage credit report containing information from your Equifax credit file to another company in connection with a mortgage loan.
(ND MR inquiries remain for 24 months.)
PRInquiries with this prefix indicate that a creditor reviewed your account as part of a portfolio they are purchasing.
(PR inquiries remain for 12 months.)

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Negative Accounts

Accounts that contain a negative account status. These accounts remain a part of your credit report for up to ten years from the date of last activity. The date of last activity is the last date financial activity was reported by the lender.

Open Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
XYZ BANKCARD  4873664803
16XXXX
08/2001  $0  01/2007  $287  PAYS 91-120 DAYS $8,000 

XYZ BANKCARD

123 Riverside Ave
Tuscon, AZ-85701
(520) 555-1244

81-Month Payment History

Closed Accounts

Account NameAccount NumberDate OpenedBalanceDate ReportedPast DueAccount StatusCredit Limit
ABC LOANS  31667XXXX  09/1997  $0  09/2003  $0  CHARGE-OFF $0 

ABC LOANS

123 Martin Ave
Olympia, WA-98503
(206) 555-1237

81-Month Payment History

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Collections

A collection is an account that has been turned over to a collection agency by one of your creditors because they believe the account has not been paid as agreed.

ABC Collections 
Agency Address:7754 W 84th St
Chicago, IL 60601
(318) 555-4549
Date Reported:10/2006 
Date Assigned:03/2005 
Creditor Classification: 
Creditor Name:321 INSTALLMENT LOANS 
Account Number:25XXXX 
Account Owner:Individual Account. 
Original Amount Owned:$35 
Date of 1 st Delinquency:12/2004 
Balance Date:10/2006 
Balance Owned:$35 
Last Payment Date:N/A 
Status Date:10/2006 
Status:D - Unpaid 
Comments:N/A

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Public Records

Public record information includes bankruptcies, liens or judgments and comes from federal, state or county court records.

Bankruptcy
Date Filed:08/2004 
Case Number: 1A223344567 
Court Number/Name: 12-Anywhere Court House 
Court Address: 123 Easy Street
Anytown, GA 33333
(555) 555-5555
Liabilities: $25,000 
Individual/Joint: Joint 
Individual/Business: Business 
Bankruptcy Disposition: A-DISCHARGED CH-11 
Current Disposition Date: 15/06/2005 
Asset Amount: $36,000 
Exempt Amount: $23,000 
Date Verified: 13/05/2005 
Date Reported: 15/06/2005 
Prior Disposition:  
Comments: Discharged
Judgment
Type: Judgment 
Date Filed: 10/13/2005 
Case Number: 334456567878  
Court Number/Name: 11-Anytime Court House  
Court Address: 123 Easy Street
Anytown, GA 33333
(555) 555-5555
Plaintiff: Mr. Plaintiff  
Defendant: Mr. Defendant  
Amount: $2,500 
Status: T - Satisfied  
Satisfied Date: 11/2005 
Verified Date: 11/2005 
Comments: Consumer Disputes
Tax LienNon-released (unpaid) tax liens, outside the state of California, remain on the file indefinitely until released.  In California they are removed 10 years from the date filed.  All released tax liens are removed 7 years from the release date.
Date Filed: 03/2001  
Case Number: 334456567878  
Court Number/Name: 33- Anycity Court House 
Court Address: 123 Easy Street
Anytown, GA 33333
(555) 555-5555
Amount: $1,500 
Class: County/ City 
Date Reported: 25/06/2003 
Lien Status: R - Released  
Date Released: 02/2003 
Date Verified: 05/2003  
Comments: Consumer says never late

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Personal Information

The following information is added to your file either when creditors enter requests to view your credit history, or when you report it to Equifax directly.

Name: Melissa Carson
Social Security Number: XXX-XX-6789
Age or Date of Birth: March 8, 1977

Address Information

Current/PreviousStreetCityStateZipDate Reported
Current123 PEACHTREE CIRCLE ATLANTAGA3030307/2006 
Former Address 1123 WYANDHAM CT BIRMINGHAMAL3522605/2005 

Other Identification

You have no other identification on file.

Employment History

Last Reported Employment:
FIELD CONSULTANT; LMNOP COMPANY; GA;

Alert(s)

File Blocked For Promotional Purposes

Fraud Alert

Consumer Statement

The following Consumer Statement was added on 05/2007 and will expire on 05/2008:

CONSUMER HAS REQUESTED AN ALERT BE PLACED ON THEIR CREDIT FILE. DAYTIME (206) 555-5555 EVENING (206) 555-6666

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Dispute File Information

If you believe that any of the information found on this report is incorrect, there are 3 ways to launch an investigation about the information on this report.

If you believe that any of the information found on this file is incorrect, you may start a dispute online about any inaccuracies on your Equifax credit file. The credit reporting company is not required to remove accurate data from your file unless it is outdated or cannot be verified.

Initiating a dispute online is the easiest and fastest way to dispute credit file information. In addition, by disputing online you are also provided the ability to check online the status and results of your dispute.

To initiate a dispute online click on Dispute this Credit File online now

To check the status or view the results of your dispute click on View dispute status

As a reminder your Confirmation Number is: 123456789. Please keep your confirmation as it may be needed for future requests that you initiate with Equifax.

Frequently Asked Questions

How can I dispute inaccuracies on my Equifax Credit File?

As stated in the FCRA, you have the right to dispute information that you feel is being reported incorrectly on your Equifax credit file. You are able to initiate an online dispute immediately or you can contact our dispute center at 866-274-1453 (changes monthly). You must have a current copy of your Equifax credit file and your ten-digit confirmation number to complete the dispute process by phone.

Additionally, you can dispute inaccuracies by writing to:

Equifax Information Services, LLC
P.O. Box 740256
Atlanta, GA 30374

How can I check the status of my dispute?

Click on View dispute status

How do I dispute the personal information within my credit file?

You can dispute your personal information, including your name, address, and social security number online. However:

  • If you dispute or request a change on your name or date of birth, you will need to send us a copy of your Driver's License reflecting this change.
  • If you dispute or request a change on your Current Address, you will need to send us a copy of your Driver's License or a utility bill reflecting this change.
  • If you dispute or request a change on your Social Security Number, you will need to send us a copy of your Social Security card or a W-2 form.

Once you have submitted you dispute online, you must provide us with a copy of your document proof. You can fax your document proof to 888-826-0549 (may change), or, you can mail a copy of your documents to:

Equifax Information Services, LLC
P.O. Box 740256
Atlanta, GA 30348

To initiate your dispute online click on Start a Dispute Online

Equifax offers you personal credit products that enlighten, enable and empower you. Whether you are managing your credit, protecting your identity or preparing for a major purchase, Equifax offers the tools you need to make the smartest choices possible. For more information visit www.Equifax.com.

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