Answers about Credit Reports

When can a bank review my credit report?

A bank may obtain a consumer credit report for the following authorized reasons:

  • In response to a court order
  • According to the written instructions of the consumer to whom it relates
  • For an extension of credit involving the consumer (or review or collection of the consumer's account)
  • For employment purposes
  • For the underwriting of insurance
  • Other legitimate business purposes

August 2017