Which item is typically NOT found on a credit report?

Which item is typically NOT found on a credit report?

• A. Credit card balances
• B. Loan repayment history
• C. Salary of your current job
• D. Public records

Answer: (C)

A credit report is a detailed record of an individual's credit history, which is used by lenders to evaluate creditworthiness. It typically includes various elements such as credit card balances, loan repayment history, and public records related to financial behavior, such as bankruptcies or tax liens. The salary of your current job is generally not included in a credit report. Credit reports focus on an individual's borrowing and repayment behavior rather than income details. While lenders may consider income and salary when evaluating loan applications, this information is usually obtained separately, through income verification, rather than from the credit report itself. Thus, it is the absence of current salary information that differentiates it from the other items typically found on a credit report, making it the correct answer.

A credit report is a detailed record of an individual's credit history, which is used by lenders to evaluate creditworthiness. It typically includes various elements such as credit card balances, loan repayment history, and public records related to financial behavior, such as bankruptcies or tax liens.

The salary of your current job is generally not included in a credit report. Credit reports focus on an individual's borrowing and repayment behavior rather than income details. While lenders may consider income and salary when evaluating loan applications, this information is usually obtained separately, through income verification, rather than from the credit report itself. Thus, it is the absence of current salary information that differentiates it from the other items typically found on a credit report, making it the correct answer.