Social Security Information?

Question

How does experian and other creditors know what cars i own, if i paid cash for them? What can they see, besides the regular credit report?

Answer 1

Probably due to price of car. If you paid over a certain amount, I think it's either 8 or 10k+ spent at one time has to reported/documented.

So if your car was about that much, there ya go.

If not...well, I don't know...spy's? lol, jk

Answer 2

If you paid cash, it would not show on a credit report.

Answer 3

Everything, they are watching you right now!!! HIDE!!!

Answer 4

Did you ever buy something and have to list your assets? This could be anything that you may have financed.

Answer 5

all computers r in a network.  all u need is a social security number most of information is public knowledge.

Answer 6

They see that you paid "cash" for the car. Unless you bought it from a private party that is.

Answer 7

Go to: annualcreditreport.com and get a free credit report.

Why don't you just get a copy of your credit report and see what is on there. If there is something wrong, then protest it.

Answer 8

Creditors and even CRA's (though the CRA's would never admit it) get alot of information from Lexis Nexis.

When security questions are asked, much of that info comes from a persons L/N report.

Even though you paid cash for the cars, your ownership of the cars would still be listed in a data bank somewhere (your insurance company, state DMV, etc).

L/N picks up that info and puts it in the file they have on you.

L/N sees all, knows all and, for $8 bucks, tells all.

edit

If you just ordered your L/N report, have patience. They often take a very long time to send it. (many times 30+ days)

(lol @ nexislexis)