I need help to understand experian credit report?

got hired as loan rep trainee but supervisor is unwilling to teach

I need help to understand experian credit report?

Hmmm - I%26#039;d go looking for a job elsewhere.

But to answer your question;

The relevant information is the score, the number of accounts past due but still active, the number of unpaid collection accounts, and the ratio of the present debt to the available credit lines.

The score will be most important - as below certain values, your loan company will not be willing to make loans, or will use the score to determine interest rates.

I need help to understand experian credit report?

To begin, if you can%26#039;t get help as a new employee, then you really need to rethink your employment there.

You may want to go to experian%26#039;s website to see if they have a section on how to read the reports or there should be a number on the credit report that you can call and have someone in the customer service department go over it with you and explain it.

You always want to check the following items, how long accts have been open, any late payments or collections, any public records or judgements, what%26#039;s owing, any foreclosures, etc. On collections if there is still a balance outstanding, check the last reported date. If it is greater then 6-12 months ago, have the borrower pay the collection through closing not ahead of time. It will not raise their score by paying it off because it will now reflect a collection being paid at present which will lower their score.

Hope this helps, if you still can%26#039;t get any answers email me and I%26#039;ll be happy to help you.