Can they use your credit report for insurance purposes in Michigan?

Answer According to, although many states allow FICO or credit scores to be used by insurance underwriters to determine the price that should be charged for premiums or if a policy should be unde... Read More »

Top Q&A For: Can they use your credit report for insurance p...

Is it legal for life insurance companies to check your credit report?

The Fair Credit Reporting Act (FCRA) gives insurance companies the right to access your credit file in order to send you unsolicited insurance offers. Insurers can also check your credit if you fil... Read More »

Can an auto insurance company cancel your policy after reviewing your credit report?

Answer They usually can't cancel a policy due to credit. The rates can go WAY up though!

How far back does a credit check go for employment purposes?

Employers and human resources departments pull credit reports from one of the top three credit bureaus: Equifax, TransUnion or Experian. Credit reports pull historical data for seven years. Bankrup... Read More »

Is it legal to use a credit history for employment purposes?

It is legal to check an applicant's credit history for employment purposes. With your permission, an employer can obtain a consumer report that will contain information about your credit. An employ... Read More »