A:

Your salary is not on your credit report, as of 2016. It has been at least 20 years since credit reports included salaries. Credit bureaus stopped collecting salary information because the data was self-reported and usually inaccurate.

Additional Reasons

The major credit bureaus -- Equifax, Experian and TransUnion -- also skip collecting salary data because too many rapidly changing variables impact salary, such as bonuses and commissions that are unknown until they are given, and unexpected layoffs. A person might also experience unemployment during a period of time, and if the person collects unemployment benefits, he’s technically earning money, even though unemployment benefits are not earnings from a job. Fluctuating and finite payments, such as child support and alimony, and benefits such a public assistance, can also skew the picture of a person’s earnings. Ultimately, however, knowing how much a person earns is not an indication of whether the person will make a loan payment. For this reason, the credit bureaus leave it up to lenders to ask credit applicants for details about their earnings.

What Credit Reports Include

A credit report includes your name, address, Social Security number and the name of your employer, solely for the purpose of confirming your identity. Credit reports list open and closed trade accounts in good standing. The reports note public records and collections, which are the bills that you did not pay and that the creditor to a collection agency or sued you for payment in a court of law. Credit reports also show a list of inquiries, which occur when lenders and other businesses looked at your credit report. Some lenders take the number of inquiries into consideration when determining whether to extend credit.

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