Video 10 – Using the Same ID Factors

Transcription of Using the Same ID Factors

A credit report is compiled when you make that pull. We don’t have a credit report down at Experian, OK. They’ve got a database. Every time that you pull a credit report, they go into that database and they do a query based on name, address and social security number. Any small variation of those and sometimes even no variation may pull different information from that database. They’re not perfect. I have seen reports pulled on the very same day that were completely different, which is really bizarre. But you’ll see little variations. They’ll go up and down. The key to that is you want to make sure that the information that you are drawing on is very, very consistant. Always use the same name, same middle initial (if you use a middle initial), same address. Keep everything as uniform as possible. If you change your name up a little bit from one application to another, you’re creating variations in that file and it can create problems down the road.

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