|
A Credit Report is a historical picture of your credit history or payment patterns on credit cards, mortgages, and other loans. Credit reports also include personal information such as your name, home address, birth date, and Social Security number. These reports also include data such as previous addresses, employment history, and public records such as bankruptcies, tax liens, or judgments against you.
Many lenders base their decision on the credit information they find in credit reports. Prior to seeking a large loan for an automobile or home, it is advisable to make sure your credit report is accurate. The three major consumer credit reporting agencies are:
- Equifax
- TransUnion
- Experian
Each reporting agency has developed a credit score that is used to measure the relative credit risk individuals.
Other forms of this term include - credit scores |
Home 
