Who Can Request a Credit Report From Individuals?

Any time a company needs to decide whether to lend you money, the company will check that you have a history of paying your bills to make sure it will get its money back. The same goes for companies that provide services, and for potential landlords who need to know you'll pay your rent each month. Finally, although it's a source of debate, employers in most states may ask for access to your credit score to understand your history of responsibility.

Insurers/Lenders/Credit Card Companies

When you need to borrow money, obtain a credit card or get insurance, the company to which you've applied must put in an inquiry to your credit report. These inquiries are considered "hard inquiries," which indicate that you may be a higher credit risk because you'll potentially be borrowing more money or paying more money out each month; therefore, the more hard inquiries you have, the worse your credit score.

Landlords

For landlords, your credit report is a reflection of how financially responsible you are, and whether you'll be able to pay your rent each month. According to MSN Money, if your credit rating is non-existent or low, you may need to have someone co-sign your lease. Otherwise, your landlord may ask for a higher security deposit or more rent to ensure that he is protected in the event that your finances fall through.

Cell Phone Companies

Your cell phone plan is a monthly payment, and cellular providers need to make sure you're going to pay your bill each month. Utility providers may also check your credit report. Those with low credit scores may get worse rates or need to put down a deposit to obtain service.

Employers

Potential employers may access your credit report only if you give your permission. In Hawaii and Washington, employers are prohibited from using credit reports in considering whether to hire a candidate. However, according to a 2010 survey by the Society for Human Resource Management, 47 percent of the society's members used credit checks on some or all job candidates. Candidates for jobs that include working with money are more likely to be asked for access to their credit reports.