An auto lease looks pretty much the same on your credit report as, say, a credit card does. Having a unsecured credit card, and paying it on time, is more important for a company to see when they are looking at your credit in general.

 You see, the company considering giving you credit looks at how you pay your bills with both assets that are secured and unsecured. For example, if you are paying your auto lease on time that is not as highly regarded as paying your unsecured credit card on time.

The reason is people understand that in order to KEEP your car you will need to pay your auto lease on time otherwise it will be repo’d. This is not the case in the case of an unsecured credit card.

In that case, the unsecured credit card has very little recourse against you outside of putting a bad mark on your credit report. 

But, to answer the question, an auto lease looks just the same as any other time you take out credit in general on your credit report. Whoever you lease the car from is reporting to the credit bureaus on how you are doing with the payments- good or bad. So keep this in mind!

I also get a lot of questions about what can be listed in general and how does a company prescreen credit reports when they are thinking about possibly hiring you.

First of all, don’t get worried if you have a few collections or judgements on your credit report, as everyone goes through problems in their life.

You should not worry too much about an employer making a decision on this behalf. Add enough value to them to where you could be Charles Manson and they still would hire you because you bring that much value to the table!

Focus on that and that’s what you’ll get!

Besides, what can be listed on a credit report isn’t really going to say much about you as a person. I’d be more worried about a background check personally than a credit report check, as the information on there should not be really anything that would affect your getting hired or not getting hired.

Don’t worry too much about that. I do, however, recommend you get your credit report now by clicking here and going through the steps. It’s free and won’t cost you but 1 minute of your time. Arm yourself with the exact data you want to know about what’s on your credit report. Do it now by clicking here before it’s too late!

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