Request Your Credit Report

The Michigan Employment Loan Fund will pull a credit report for each loan applicant. Your credit score and repayment history may affect your ability to get a loan from the Michigan Employment Loan Fund – your credit report is used to help the Loan Committee determine:

  • Debt to Income Ratio (DTI) this is determined by dividing your expenses by your income – will you have enough money to make a new loan payment each month?
  • If you have paid your creditors on time in the past or if you are late on loan payments
  • Loan Terms – the amount of time you can repay your loan, up to 5 years
  • Your credit score is one factor that determines the interest rate on your loan
  • Loan Amount – the Loan Committee may approve a lesser loan amount than what was requested based on your past credit history

Request a Free Copy of Your Credit Report

You are entitled to receive one free credit report every 12 months from each of the nationwide consumer credit reporting companies – Equifax, Experian and TransUnion.

You can pull all three reports at the same time or you can pull one report every four months. This free credit report can be requested through AnnualCreditReport.com. It will not include your credit score but it will allow you to review your credit and payment history. You can purchase a credit score by contacting one of the nationwide consumer credit reporting companies.

  • Equifax – www.equifax.com
  • Experian – www.experian.com
  • TransUnion – www.transunion.com

You can also purchase a credit score when you request your free annual credit report through www.annualcreditreport.com

To Request your Credit Report by Phone: Call 1-877-322-8228
You will go through a simple verification process over the phone.

People with hearing impairments can access the TDD service by calling 7-1-1 and referring the Relay Operator to 1-800-821-7232.
Your reports will be mailed to you within 15 days. Please, allow 2-3 weeks for delivery.

To Request your Credit Report by Mail: You will need to download the request form from the annualcreditreport.com website.
Print and complete the form and mail it to:

Annual Credit Report Request Service
P.O. Box 105281
Atlanta, GA 30348-5281

Your reports will be mailed to you within 15 days. Please, allow 2-3 weeks for delivery.

Individuals with visual impairments may request their free annual credit reports in Braille, Large Print or Audio Format by telephone, toll free, 877-322-8228. After you call and provide the required personal information and certify that you are blind or visually impaired within the meaning of the Americans with Disabilities Act, you can then select your preferred alternative format. Your reports will be mailed via the U.S. Post Office within 15 days, but please allow an additional week for delivery. Alternatively, if you wish to immediately review an accessible on-line version of your free annual credit reports, you may use the secure website, www.annualcreditreport.com, to request access to them. After entering the required personal information you will be asked to select the requested Consumer Credit Reporting Companies (Equifax Information Services LLC, Experian, and/or TransUnion LLC) and will be directed to their respective websites to continue with your request process.

Identity Theft Prevention
http://www.onguardonline.gov/topics/identity-theft.aspx is a website that gives ways to protect oneself from identity theft and what to do if identity theft happens to you.