The types of credit that appear on all three of your credit reports -- from Experian, Equifax and TransUnion -- are installment loans, revolving loans such as credit cards and certain household bills. Civil judgments against you regarding a debt also appear under the public records section of your credit reports.
Credit Account Reporting
Information for all types of credit that appear on your credit report include the total loan amount, total amount outstanding, payment amounts, the date you opened the account and the name of the creditor. Creditors also report whether you make timely payments on your credit accounts. If you make on-time payments, the creditor will note that you are paying or paid as agreed on your credit report. If you make late payments, the creditor will note the month in which you were late for each occurrence.
Installment Loans
Installment loans are loans in which you make payments in regular installments, usually monthly, such as a mortgage, student loan or auto loan. This category includes any type of secured or unsecured loans. The high credit limit of the loan is the amount of the loan the day you received it. This amount does not generally change. The amount outstanding or low credit limit is the amount you still owe on the loan. Creditors for your installment loans will also report your monthly payment amount on your credit report.
Revolving Loans
Like installment loans, revolving loans are loans in which you make regular payments, but the payment amounts can change. Common types of revolving loans are credit cards and home equity lines of credit. These types of credit accounts report your high and low credit limits as well as monthly payment amounts. The high credit limit is usually the amount of the credit limit on each account. The low credit limit that appears on your credit report is the amount you still owe to the creditor. High limits for revolving lines of credit can change if your creditor increases or decreases your credit limits or if you go over your credit limit. The low limit or amounts still owing changes as you make payments.
Household Bills and Civil Judgments
How household bills such as utility bills appear on your credit report varies. Some utility companies only report to the credit reporting bureaus if you are late on your payments or have your service shut off and still owe a final balance. Cellphone companies for which you have a contract often report your account and payments regularly to credit reporting agencies. Public records on your credit report are those in which any creditor sues you for an outstanding debt and the judge finds in favor of the creditor.
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