One of the most important things a person can have is a good credit record. Each state has certain rules and regulations regarding credit reports and that includes Oregon.
HOW TO GET A CREDIT REPORT IN OREGON
The credit bureaus that issue these reports are Equifax, Experian and TransUnion. These bureaus calculate your credit score regarding how much of a risk you are for creditors. A request for a credit report can be made by you, a company such as Usa Credit Report or by another entity.
INDIVIDUAL CREDIT REPORT IN OREGON
As with other states, under Federal Law it is possible for any individual to receive a free credit report upon request. The request may be made by mail or online. A credit report contains a wealth of information. This includes information regarding where you work and live and if you have had late or missed payments on bills. It will also report if you have been arrested, sued or filed for bankruptcy.
OREGON COMPANY CREDIT CHECK
Credit reports are available to companies where you apply for credit. They are also available to you personally. Although they differ according to the credit reporting company involved as a rule it is based based on your payment history, the amount and type of debt carried, on the types of accounts on the file and on how many credit inquires have been made by various companies. Under Oregon law it is illegal for Oregon employers to obtain or use a credit report to make a decision regarding the hiring of an individual. Federally insured credit unions and banks, police and those hiring for airport security and law enforcement are exempt from this law. It is also possible for an Oregonian to place a ‘security freeze’ on their credit report. This means that no one can obtain your credit information. This law was passed to prevent identify theft.