What type of information may be included in a credit report?

A credit report is a comprehensive document that provides a detailed history of an individual's credit activities. It includes specific information about how a person manages their debts and credit accounts.

The inclusion of the number of accounts in collection status is particularly significant because it indicates the extent of overdue debts and how many outstanding obligations a borrower has defaulted on. This information is crucial not only for lenders when evaluating credit risk but also for individuals who need to understand their financial standing and make informed decisions about borrowing.

Although other options contain information that may be relevant in certain contexts, they do not typically appear in standard credit reports. For instance, while the names of employers might provide context for stability or income verification, they are not directly tied to creditworthiness as seen in collection accounts. Similarly, clients' current income is typically assessed through different means, such as pay stubs or tax returns, rather than being listed in a credit report. Lastly, phone numbers of lenders may serve a purpose in direct communication or account maintenance but are not part of the factual credit history that a credit report documents.

Thus, the inclusion of the number of accounts in collection status is a clear indicator of potential financial distress and is a standard element of credit reports used to assess creditworthiness.