Most likely, when someone asks if you have good credit, you automatically reply with a score because that’s what the credit bureaus, credit repair companies and credit monitoring services want you to do.

We have all been brainwashed into believing that if we don’t know these three numbers without hesitation then something is wrong.

Of course, your FICO scores are important but you may or may not realize that your lender reviews many other aspects of your credit report too.

Here are 10 things other than your score that your lender can evaluate in your credit profile:

1. Adverse trends such as delinquencies, significant new liabilities, judgments or collections.

2. Potential risk in your overall credit profile. This could include the type of your installment or revolving credit, amount of outstanding credit, age of accounts, balance to account limit ratios, recent changes in the number of open accounts or total amount of credit outstanding, recent inquires shown on credit report, payment history of all accounts, credit risk score reason factors or transaction characteristics.

3. Debt and bill payment history. If it includes housing obligations, your lender will place more weight on how you made housing payments as opposed to non-housing payments.

When you have a housing payment history, your lender will verify both current and prior housing payment histories for at least the most recent 12 months. However, your lender should give more weight to late housing payments and to derogatory information or late payments occurring within the past two years.

Typically, the more recent the adverse or derogatory credit information, such as judgments and collection accounts that could be public records, the more likely they are significant. Factors like the number, timing and extent of the adverse or derogatory credit information and the number, type and size of accounts with adverse or derogatory credit information are carefully considered.

4. Other documentation like a report or application in the file that discloses or reports a bankruptcy or foreclosure.

5. Evidence of an acceptable fraud alert program.

6. Red flags such as active fraud alerts, credit freezes, address discrepancies, a recent and significant increase in the volume of inquiries, unusual number of recently established credit relationships, material changes in the use of credit especially with respect to recently established credit relationships, any accounts that a financial institution or creditor closed for cause or identified for abuse of account privileges.

7. Numerous inquiries that require an explanation or investigation to discover if any new credit obligations resulted from those inquiries.

8. Loan modification reporting, whether or not it clearly states the loan term, rate, or principal reduction amount of the modification agreement.

9. Debts that are not disclosed by the borrower on the application.

10. Unstated balances for charge-offs, judgments or collection accounts.

Chris Salese can be reached at or 707-363-4439. He is a licensed California mortgage banker (NMLS 254469/1850 CA BRE 01377933/01215943) and equal housing lender.