Accurate Identification is Important
Other information consists of historical data, such as, previous addresses, and current and previous employers. All legal actions in the public records are also included: bankruptcy, and liens or judgments. Finally, and most important, comes your payment history.
Most Important Factor in Your Credit Report
Creditors also look at your payment history to see if you carry high balances, or are overextending yourself financially. In fact, inquiries from creditors are included in your credit report. If you have a lot of credit cards, or have only a few with high balances, a creditor will react negatively. Lenders evaluate your credit risk based on the information in your credit report. Maintain a good payment record and make sure your credit report is accurate.