Equifax

Score Background Summary Explanation Positive Factors Negative Factors Account

Details

The Following Analysis is Based on Your Equifax Credit File.

Credit Score Back To Top

Alvin Zeno, on a scale of 350 to 850 points, you have a score of: 604

Credit Category

Your credit category is:

National Ranking

Your credit score is higher than 15% of the U.S. population.

Background Back To Top

Your credit scores are based on the information in your credit bureau reports. The higher
your credit scores, the better. With a higher credit score, you are more likely to be
eligible for the best credit card and loan offers, including terms and conditions, such as
interest rates, fees, and benefits. Keep in mind that lenders review other factors (such as
income and monthly payments) in addition to credit scores when evaluating credit
applications.

Help

Summary Back To Top

Currently, your low credit score will make it difficult for you to obtain new credit
accounts. If you were to be approved for one, you should expect lower credit limits and
smaller loan amounts. Be prepared to pay high fees and interest rates and/or make a large
deposit or down payment. You may not qualify for many credit card offers.

Help

Explanation Back To Top

There are both positive and negative factors that influence your credit score. The most
important factors of each kind are listed below, in their order of importance. These
factors vary in how strongly they impact your credit score. For example, if you have a
very high credit score, the negative factors in your analysis are likely to have a small
impact. The same is true for positive factors if you have a very low credit score.

Help

Positive Factors Back To Top

Here are the top factors that raise your score:

You paid 100% of your accounts on time (as of the last time each account was
reported). Note that derogatory accounts that have been paid off do not count as being
paid on time.

This raises your score. Any history of late payments (including missed payments and
derogatory payment statuses) is a negative factor. No reported history of payments on any
account is also negative because lenders cannot tell whether you paid on time or were
late. Some cases of late payments are worse than others. If you have not been late with
any payments recently, lenders may think you are responsible and do not (or will no
longer) miss payments. Lenders realize that many people occasionally pay late.
Therefore, being late with a single payment is typically not as harmful as being late with
two or more consecutive payments. Similarly, being late on many accounts is typically
worse than being late on just one. Also, lenders may view late payments as a more
serious problem if you have collection accounts or negative public records such as
bankruptcies or court judgments. These types of credit records indicate a pattern of credit
problems. Finally, it may not be as harmful to be late with your payments if the past due
amounts are small, because lenders stand to lose less money if they remain unpaid.

You have no collection accounts or negative public records listed in your credit report.

This raises your score. Having a collection account or a negative public record (such as a
bankruptcy or a court judgment against you) on your report is a negative factor.
Collection accounts demonstrate a pattern of not paying your bills. Negative public
records are legal obligations that have priority over your debts, so they may impact your
ability to repay your debts. Public records (other than bankruptcy) often result from
unpaid bills for which creditors file lawsuits in order to be paid. As collection accounts or
negative public records get older, they are less harmful to your credit scores. If you have
not had any new collection accounts or negative public records reported recently, lenders
may consider that you have regained control of your financial situation. In any case, these
records will significantly affect your ability to get new credit accounts. You may be
required to make a deposit and/or pay higher fees and interest rates.

You have at least one open bankcard.

This raises your score. Having accounts listed in your credit reports is a positive factor
because the payment history of these accounts shows lenders how well you pay your
bills. Therefore, having too few accounts may be considered negative. However, having
too many accounts or adding new accounts too quickly may also be considered negative
because lenders worry that you are spending (or preparing to spend) beyond your means,
even if you have never been late with any payments. Note that closing accounts will not
change this. Also, if you do not currently have credit, getting your first few credit cards
may be difficult and may involve high fees, high interest rates, and low credit limits. Note
that accounts from personal finance companies (which specialize in lending to people
with credit problems) may be considered negative.

Help

Negative Factors Back To Top

 Here are the top factors that lower your score:

In the past, you were late with your payments or were derogatory on 6 account(s). This
only includes accounts for which the payment history was reported.

This lowers your score. Any history of late payments (including missed payments and
derogatory payment statuses) is a negative factor. No reported history of payments on any
account is also negative because lenders cannot tell whether you paid on time or were
late. Some cases of late payments are worse than others. If you have not been late with
any payments recently, lenders may think you are responsible and do not (or will no
longer) miss payments. Lenders realize that many people occasionally pay late.
Therefore, being late with a single payment is typically not as harmful as being late with
two or more consecutive payments. Similarly, being late on many accounts is typically
worse than being late on just one. Also, lenders may view late payments as a more
serious problem if you have collection accounts or negative public records such as
bankruptcies or court judgments. These types of credit records indicate a pattern of credit
problems. Finally, it may not be as harmful to be late with your payments if the past due
amounts are small, because lenders stand to lose less money if they remain unpaid.

You have a total of $521 available credit on your open revolving account(s). This only
includes accounts for which the credit limit is reported.

This lowers your score. Having very little available credit is a negative factor, because
lenders worry that you are living beyond your means and may not be able to repay them.
Having a lot of available credit can be considered either positive or negative, depending
on how well you have paid your bills in the past. On one hand, it indicates that lenders
have trusted you with large credit limits and that you do not need to use all of the credit
available to you. On the other hand, it increases your risk of getting too much into debt.

On average, you are using 64% of the credit limit on your revolving accounts. This only
includes accounts for which the credit limit or highest balance is reported. This is because
if the credit limit is not reported, your highest balance is used instead.
This lowers your score. High usage (such as balances above 50% of the credit limit) is
usually considered negative because lenders worry that you may be using more credit
than you can reasonably afford to repay. In fact, as little as 15% usage may lower your
score if you have no serious negatives (such as late payments) in your report. Being
"maxed out" or overlimit on a credit card (when your balance is close to or above the
credit limit) is particularly negative. The more accounts in this situation, the more it
affects your scores. On the other hand, low usage is usually considered positive because it
provides lenders with information on how you use credit. It also demonstrates that you do
not need to use all of the credit available to you. However, not using your credit accounts
at all may be considered a negative factor, because it does not provide lenders with
information about how you typically use credit and repay your debts.

You applied for credit 1 time(s) in the past 12 months, as recorded in this credit report.
Mortgage and auto loan applications within the last 30 days are not counted. Prior to this
30-day window, all mortgage applications within a short period (14 or 45 days,
depending on the bureau) count as a single application. This is also true of applications
for auto loans.

This lowers your score. Applying for multiple credit accounts within a short period of
time can lower your credit scores. When you apply for any type of credit (such as an auto
loan, credit card, department store card, or mortgage), the lender considering your credit
application checks your credit history. This is recorded in your credit reports as a "hard
inquiry." Although inquiries are an unavoidable result of applying for credit, lenders
dislike seeing too many inquiries within a short period of time (such as 12 months)
because they cannot tell whether you are "shopping" for the best offer or if you are
desperately trying to obtain credit because of financial trouble.

Help

Account Details Back To Top

The credit records used to calculate this factor are listed here.

In the past, you were late with your payments or were derogatory on 6 account(s). (This
only includes accounts for which the payment history was reported.)
 Account Number Lending Institution Worst Payment Status Ever Comment Date Last
Reported
542807120040**** CHASE BANK USA, NA 120 days late Late by 4 payments in the
past. Occurred in 02/2005. 06/2008
455950020065**** CHASE BANK USA, NA 90 days late Late by 3 payments in the
past. Occurred in 03/2005. 04/2008
517805224372**** CAPITAL ONE BANK USA 60 days late Late by 2 payments in the
past. Occurred in 12/2004. 09/2009
10249210905**** NISSAN ACCEPTANCE CO 60 days late Late by 2 payments in the
past. Occurred in 12/2004. 06/2008
700058**** CHRYSLER FINANCIAL 30 days late Late by 1 payment in the past.
Occurred in 01/2007. 02/2007
50499480**** SEARS/CBSD 30 days late Late by 1 payment in the past. Occurred in
04/2007. 09/2009

Help

The credit records used to calculate this factor are listed here.

You have a total of $521 available credit on your open revolving account(s). (This only
includes accounts for which the credit limit is reported.)

Account Number Lending Institution Available Credit Comment Date Last Reported
11500**** CBUSASEARS $500 Credit limit is $500. Balance is $0. 07/2004
50499480**** SEARS/CBSD $21 Credit limit is $470. Balance is $449. 09/2009
517805224372**** CAPITAL ONE BANK USA $0 Credit limit is $5,500. Balance is
$5,502. 09/2009
515**** ? Credit limit not reported. 07/2009

Help
The credit records used to calculate this factor are listed here.

On average, you are using 64% of the credit limit on your revolving accounts. (This only
includes accounts for which the credit limit or highest balance is reported. This is because
if the credit limit is not reported, your highest balance is used instead.)

Account Number Lending Institution % Used Comment Date Last Reported

515**** 101% Credit limit not reported (highest balance used). Highest balance is
reported as $2,600. Balance is $2,644. 07/2009
517805224372**** CAPITAL ONE BANK USA 100% Account overlimit. Credit limit
is $5,500. Balance is $5,502. 09/2009
50499480**** SEARS/CBSD 95% Credit limit is $470. Balance is $449. 09/2009
11500**** CBUSASEARS 0% Credit limit is $500. Balance is $0. 07/2004
455950020065**** CHASE BANK USA, NA 0% Credit limit not reported (highest
balance used). Highest balance is reported as $1,331. Balance is $0. 04/2008
542807120040**** CHASE BANK USA, NA 0% Credit limit not reported (highest
balance used). Highest balance is reported as $2,500. Balance is $0. 06/2008
517800705356**** FIRST PREMIER 0% Credit limit not reported (highest balance
used). Highest balance is reported as $350. Balance is $0. 05/2004

Help

The credit records used to calculate this factor are listed here.

You applied for credit 1 time(s) in the past 12 months, as recorded in this credit report.
(Mortgage and auto loan applications within the last 30 days are not counted. Prior to this
30-day window, all mortgage applications within a short period (14 or 45 days,
depending on the bureau) count as a single application. This is also true of applications
for auto loans.)

Account Number Lending Institution Inquiry Date Comment Date Last Reported
CBDELMARVA 04/14/2009

Help
The credit records used to calculate this factor are listed here.

You have at least one open bankcard.

Account Number Lending Institution Date Opened Comment Date Last Reported
517805224372**** CAPITAL ONE BANK USA 08/2002 09/2009

Help

Disclaimer
The following information applies to all CreditXpert® products. The following
disclosures, representations and disclaimers that are made by, and apply to, CreditXpert
Inc., are also made by, and apply, to Intersections Inc. The information used by
CreditXpert products is derived from one or more credit reports produced by the major
credit reporting agencies, also called credit bureaus. The information contained in credit
reports reflects the latest information provided to and recorded by the credit bureaus.
Recent activity, such as making a payment, opening a new account, or authorizing a
credit inquiry, may not yet be reflected in the person's credit reports. If not, this activity
will not be reflected in any CreditXpert products. In addition, results may change every
time new information is added to or removed from credit reports, as well as with the
passage of time. CreditXpert products are only as accurate as the information upon which
they are based. CreditXpert Inc. is not responsible for incorrect, missing, or outdated
information in credit reports, which may lead to inaccurate results. Users should carefully
review all of the information in credit reports to make sure it is accurate and up-to-date.
Note that CreditXpert Inc. does not provide financial or other advice, and is not a credit
counseling or credit repair organization. CreditXpert Credit Scores(tm) are provided to
help users better understand how lenders evaluate consumer credit reports. Lenders may
use a different score to evaluate a person's creditworthiness. Therefore, nothing in
CreditXpert products is an endorsement or a determination of a person's qualification for
a loan, a change in loan terms or any other extension of credit by lenders. Each lender has
specific underwriting standards, so a person should not assume that he or she will receive
the same evaluation, credit terms or conditions from each lender. Also, CreditXpert Inc.
is not connected in any way to Fair Isaac Corporation; the CreditXpert Credit Score is not
a so-called FICO® score. CreditXpert Inc. does not represent that CreditXpert Credit
Scores are identical or similar to any specific credit scores produced by any other
company. Moreover, score changes predicted by CreditXpert products are only estimates.
CreditXpert Inc. does not guarantee that credit scores from any other company will
change by the same number of points, if at all. Also, CreditXpert Inc. does not represent
that potential problems found by its software in credit reports are real, or that correcting
such items will result in changes to credit scores. Furthermore, CreditXpert Inc. provides
information to help consumers make their own decisions; it does not advise anyone to
dispute any item in his or her credit report. Moreover, CreditXpert products do not
change any information in any credit report, nor do they initiate any disputes on anyone's
behalf. THE FOREGOING INFORMATION IS NOT INTENDED TO PROVIDE OR
IMPLY WARRANTIES OF ANY KIND. CREDITXPERT PRODUCTS ARE
PROVIDED ON AN "AS IS" BASIS, AND CREDITXPERT INC. AND ITS
SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES, EITHER EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-
INFRINGEMENT, SYSTEM INTEGRATION, NON-INTERFERENCE AND/OR
ACCURACY OF INFORMATIONAL CONTENT.