Fillable Form Credit Report Authorization

What is a Credit Report Authorization?

A Credit Report Authorization Form, or also referred to as simply Credit Report Authorization, is used by individuals to give entities and businesses permission to perform a background check, or consumer credit report, or both on a certain person.

How to fill out a Credit Report Authorization?

To fill out a Credit Report Authorization Form, you must provide the following information:

Authorization

Applicant’s Name

Enter your full legal name to authorize the company or individual to obtain a background check, consumer credit report, or both on you.

Company/Individual’s Name

Enter the full name of the company or individual you have authorized to obtain a background check, consumer credit report, or both on you.

Applicant Information

Applicant’s Name

Enter your full legal name.

Social Security Number

Enter your Social Security Number (SSN).

Date of Birth

Enter your date of birth.

Provide Addresses for the Last 7 Years

Current Street Address

Enter your current street address.

City

Enter your current city.

State

Enter your current state.

Start Date

Enter the date when you started living at your current address.

Prior Street Address

Enter your previous street address.

City

Enter your previous city.

State

Enter your previous state.

Start Date

Enter the date when you started living in your previous address.

End Date

Enter the date when you left your previous address/

Driver’s License Number

Enter your driver’s license number (DLN).

State

Enter the state wherein you applied for your driver’s license.

Applicant’s Signature

Affix your signature.

Date

Enter the current date.

What is the purpose of a Credit Report Authorization?

A Credit Report Authorization Form is used by entities or individuals to give permission to perform a background check, or consumer credit report, or both on a certain person.

A Credit Report Authorization Form may be seen as part of the screening process. A person’s creditworthiness must be examined before companies and individuals like employers, utility companies, creditors, landlords, or banks grant them loans, financial endorsements, tenancy, and other important transactions.

What is a credit report?

A credit report has all of your basic information. This will contain the following details including, but are not limited to:

• Your full legal name
• Taxpayer Identification Number (TIN)
• Social Security Number (SSN)
• Residence Address
• Employer
• Business

Why is a Credit Report needed?

A company or individual may need to pull a credit report to assess your creditworthiness. Any employment, leasing, rental, business negotiation, or any other lawful purpose covered under the Fair Credit Reporting Act (FCRA) may serve as valid purposes for pulling your credit report and obtaining a background check. Other valid reasons may include the following, but are not limited to:

• When your creditor is reviewing your existing account or when he or she is taking collection action
• When you decide to apply for credit
• When your landlord determines your eligibility regarding your rental application
• When you decide to apply for insurance
• Purposes related to your employment like reassignment, promotion, or retention
• When you decide to apply for government benefits
• When the court requires it

Who can access my credit report?

The following individuals or entities may be able to access your credit score with your permission:

• Creditors
• Banks
• Employers
• Utility companies
• Government agencies
• Landlords
• Insurance companies
• Student loan providers
• Any kind of entity with a court order

Who can’t access my credit report?

Your credit report will never be available to the public, including your family, friends, and acquaintances.

How can I see my own credit report?

The Federal Trade Commission (FTC) stated that you may obtain a free copy of your credit report once a year. You may obtain your credit report from each of the three nationwide credit reporting companies in the United States, namely Equifax, Experian, and TransUnion.

To do this, go to the website annualcreditreport.com to order your free credit report copy. This is the only authorized website you can obtain free credit reports from.

When ordering the free copy of your credit report on the authorized website, your identity must be verified. You are required to provide the following information:

• Full legal name
• Address
• Social Security Number (SSN)
• Date of Birth

You may also acquire your credit report through your designated financial institution, credit company, or loan statement.

What if I can’t get a free report?

There may be instances wherein you cannot qualify for a free copy of your credit report. In cases like this, you may buy a copy instead.

According to the Federal Trade Commission (FTC), the three national credit bureaus may charge you a reasonable fee for a copy of your credit report.

You may contact the three national credit bureaus using the following telephone numbers:

• Equifax: 1-800-685-1111
• Experian: 1-888-397-3742
• TransUnion: 1-888-909-8872

When will I get my credit report?

The free copy of your credit report normally takes 15 days to be processed and mailed to your address.

Why should I check my own credit report?

Regularly checking your credit report is important for several reasons.

By checking your credit report, you will be able to understand your credit position at the moment. You will be able to check what your lenders, creditors, or employers are seeing.

Furthermore, any mistakes or inaccurate information about your credit can be seen if you regularly check your own credit report.

Can I make my own Credit Report Authorization?

Yes, you may make your own Credit Report Authorization Form.

What does a Credit Report Authorization contain?

A complete Credit Report Authorization Form must contain the following information:

• Full legal name
• The full name of the company or individual who aims to obtain a background check and/or consumer credit report on you
• Social Security Number (SSN)
• Date of Birth
• Current Street Address
• City
• State
• ZIP Code
• Start Date of Current Address
• Prior Street Address
• Prior City
• Prior State
• Prior ZIP Code
• Start Date of Prior Address
• End Date of Prior Address
• Signature
• Current Date

Can I sue for an unauthorized credit report?

If an individual or entity decides to pull your credit report without your permission, they will be violating the Fair Credit Reporting Act that guarantees you a level of privacy and autonomy regarding your credit.

You may sue that certain individual or entity for actual damages if they pulled your credit report without asking for your permission.