Credit Reports Explained

Why are credit reports important to your financial health? A credit report is a detailed summary of your credit history. It contains personal information, reported credit accounts, credit checks, and public records. Lenders use your credit report when deciding to extend credit. Others who might look at your credit report include employers, landlords, and insurers. It is important to check your credit report regularly so you can better understand your current credit situation.

To learn more, view the video here.

Post navigation