What is usually included in a credit report?

Employment history is typically included in a credit report because it helps potential lenders assess the financial stability and reliability of an individual. Credit reports are designed to provide a comprehensive picture of a person's creditworthiness, including how responsible they have been in repaying debts, their credit card usage, and their overall financial behavior.

Inclusion of employment history allows lenders to verify income sources, understand employment stability, and gauge the likelihood of timely payments related to future loans or credit requests. This information can play a significant role in credit scoring models and lending decisions, as stable employment can be an indicator of a borrower's ability to manage debt effectively.

Other elements like personal references, legal documentation, and sales records are generally not part of a credit report. Personal references do not directly relate to credit history and often pertain to personal recommendations, while legal documentation might pertain more to individual cases or circumstances rather than general credit information. Sales records are typically not relevant to an individual's creditworthiness, as they pertain more to business transactions rather than personal financial behavior.