Century Funding, Ltd. - Getting Pre-Approved

Data Included in Credit Scores
1. Your Payment History, or information on all open accounts (credit cards, retail accounts, mortgages, etc.), any presence of adverse public actions (bankruptcy, collection accounts, etc.), amounts past due and amounts paid as agreed.
2. Amounts Owed, including the number of accounts with balances, portion of credit lines used and portion of installment loan amounts still owed.
3. Length of Credit History, including when the accounts were opened, and all activity since.
4. Types of Credit Used, including number of various types of accounts (credit cards, retail accounts, mortgages, etc.).
5. New Credit, including the number of recently opened account and recent credit inquiries.

Data NOT Included in Credit Scores
1. Your race, color, religion, national origin, sex and marital status.
2. Your age, your salary, occupation, title, employer, or employment history, where you live, any interest being charged on a particular credit card or other account, any items reported as child or family support obligations or rental agreements.
3. Consumer-initiated inquiries such as requests you have made in order to check your credit report.
4. Promotional inquiries such as requests made by lenders in order to make you pre-approved credit offers.
5. Administrative inquiries such as requests made by lenders to review your account with them.
6. Requests that are marked as coming from employers.
7. Whether or not you are participating in any credit counseling.

Credit Reports
Although each credit reporting agency may report information differently, all credit reports contain:
1. Your social security number
2. Date of birth
3. Employment information
These items are used to identify you. They are not used in scoring.

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