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Policy Name:Other Needs Collection Formality Number:1.049Effective Date:June 1, 2007Date of Last Revision: July 24, 2019, Functional Area:Academic AffairsOther Needs Collection FormStudent Name:___
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How to fill out non-traditional credit form

01
Obtain a non-traditional credit form from the appropriate financial institution or lender.
02
Fill out the personal information section including your name, address, social security number, and contact information.
03
Provide details about your non-traditional credit sources such as rental payments, utility bills, or insurance payments.
04
Include any additional documentation requested by the lender to support your non-traditional credit history.
05
Review the completed form for accuracy and submit it to the lender for review.

Who needs non-traditional credit form?

01
Individuals who have a limited credit history or who do not have traditional credit sources such as credit cards or loans may need to fill out a non-traditional credit form.
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A non-traditional credit form is a document used to report alternative credit data that may not be captured by traditional credit reporting agencies, such as payment history on rent, utilities, or other non-revolving accounts.
Individuals or entities that need to establish a credit history or that are applying for loans without traditional credit history may be required to file a non-traditional credit form.
To fill out the non-traditional credit form, gather all relevant alternative credit information, including payment histories, account types, and creditor details. Ensure that all information is accurate and complete before submission.
The purpose of the non-traditional credit form is to provide lenders with an alternative means of assessing an individual's creditworthiness when conventional credit reporting is insufficient or unavailable.
Information such as the name of the creditor, account type, payment history, total amount owed, and any relevant identification details must be reported on the non-traditional credit form.
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