FAQ: Do consumers and lenders receive the same reports?
Basically. Credit reports provided to consumers are customized for consumer use only. These reports are more user-friendly and provide educational information for the consumer. The reports are clearly organized with narrative labels and a list of attributes that may be pulling the score up or down. The consumer report also includes information on how to dispute inaccuracies on the report. In addition, it has been reported that credit bureaus may use stricter criteria when preparing reports for consumers and less strict criteria for reports provided to lenders. As such, reports lenders pull may have additional tradelines that may or may not belong to the consumer but are missing a SSN or a correct address or a Date of Birth.
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