Credit Scores & Credit Monitoring What To Do About Bad Credit 8 People Who Check Your Credit Report By LaToya Irby LaToya Irby Facebook Twitter LaToya Irby is a credit expert who has been covering credit and debt management for The Balance for more than a dozen years. She's been quoted in USA Today, The Chicago Tribune, and the Associated Press, and her work has been cited in several books. learn about our editorial policies Updated on March 23, 2022 Reviewed by Cierra Murry Reviewed by Cierra Murry Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a banking consultant, loan signing agent, and arbitrator with more than 15 years of experience in financial analysis, underwriting, loan documentation, loan review, banking compliance, and credit risk management. learn about our financial review board Fact checked by Emily Ernsberger Fact checked by Emily Ernsberger Twitter Emily Ernsberger is a fact-checker and award-winning former newspaper reporter with experience covering local government and court cases. She also served as an editor for a weekly print publication. Her stint as a legal assistant at a law firm equipped her to track down legal, policy and financial information. learn about our editorial policies Your credit report contains a lot of information about your payment habits that many businesses use to decide whether to do business with you and how much to charge you. Not just any business can check your credit report, especially not without your permission. The Fair Credit Reporting Act only allows businesses who have a "permissible purpose" to check your credit report. That would include something like pulling your credit report to see if you qualify for a credit card or loan. Here are some of the businesses that you can expect to check your credit report. 01 of 08 Your Current Creditors and Lenders © SpiffyJ / E+ / Getty If you already have a credit card or loan, your creditor might check your credit report to decide whether to keep your account terms the same or to change them. If there is negative information on your credit report, your creditor might raise your interest rate, lower your credit limit or close your account completely. Businesses who you already do credit with don't need your express permission to check your credit report. The terms of your credit card or loan likely include language letting you know the creditor will check your credit history periodically. 02 of 08 Potential Creditors and Lenders When you apply for a new credit card or loan, the bank will check your report first to decide whether to approve your application, to decide what credit limit or loan amount to give you, and to assign your interest rate. 03 of 08 Potential Landlords Landlords check your credit report as part of the rental application process to determine whether they should rent to you. If you have recent delinquencies, foreclosures, or evictions on your credit report, your rental application could be denied. 04 of 08 Your Insurance Company Insurance companies check your credit report to decide whether they should insure you and at what rate they should give you insurance. If you have negative information on your credit report, like late payments and collection accounts, you could have a higher insurance rate than consumers without negative information. 05 of 08 A Prospective or Current Employer Potential employers use your credit report to make hiring decisions. Your current employer might also review your credit report before giving you a raise or promotion. Bankruptcy, account delinquencies and high debt levels could keep you from getting a job or from getting a raise or promotion. Note that prospective employers check your credit report, not your credit score. They must also have your written permission before checking your credit report. 06 of 08 Debt Collectors Debt collectors view your credit report to get information that will help them collect the debt from you. This includes your current address and employer information. They may also view other accounts on your credit report to estimate whether you can pay the collection or not. 07 of 08 Utility Services Before you can establish utilities, the company will check your credit report. They may charge a security deposit if there's information on your credit report that makes you look like a risky customer. 08 of 08 Government agencies In certain circumstances, government agencies can check your credit report. For example to determine whether you qualify for public assistance, to calculate child support payments, or to process your application for a government license. When a business checks your credit report, a note of it is made in the Inquiries section of your credit report. You can pull a recent copy of your credit report to see who's been checking your credit. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. Consumer Financial Protection Bureau. "CFPB Consumer Laws and Regulations," Page 6. Accessed Nov. 11, 2021.