If you are curious about Social Security Disability Insurance (SSDI) and Long Term Disability Insurance and the differences between them, you’re not alone. There are also other programs such as Disabled Widows’ and Widows’ Benefits, for those over 50 who are disabled or become disabled within a certain period of time after the spouse’s death, depending on how much the spouse worked during his or her lifetime.
SSI is another federal financial assistance program, established by Title 16 of the Social Security Act, which provides monthly payments to individuals who have either never worked or have insufficient credits on their earnings record to qualify for SSDI.
Personal Information: Information like the name, social security number, date of birth, contact number, residence, driver’s license number, etc, of a consumer, which are available in the credit report as reported by the consumer or his or her creditors.
Equal Credit Opportunity Act (ECOA): A federal law that requires creditors and lenders to avoid discrimination on the basis of race, color, religion, age, sex, national origin, marital status, as well as income received from public assistance program, while providing credit.
Consumer Credit File: A credit bureau report on an individual that generally contains information, like the name of the consumer, address, credit history, inquiries, social security number, collection records, and public records such as bankruptcy filings and tax liens.