What Is a Credit Report?
After I post Exxon Mobil Credit Card Online Payment and Mobile Credit Card Machine, I will review about What Is a Credit Report?
When you apply for Credit, the creditor checks with a credit bureau to learn about your credit history. A history, also known as a Credit Report, shows how you have handled Credit. It is a record of all of your Credit Cards, Loans and other credit obligations that you have had over a period of time. It also contains personal information.
What Is a Credit Report? The Report gives the creditor information about how you have paid bills, your current unpaid bills, and available credit you have.It contains if you have been sued, arrested, or filed for bankruptcy. It also indicates your work record and where you have lived. The information is collected all the time from many sources that give you credit.
There are three national Credit bureaus: Equifax, Experian and TransUnion. They Collect information about you and then sell the data in your report to banks, mortgage leaders, credit unions, credit card companiesa, retail stores, insuran companies, landlords, and employers. Creditors use data to decide whether to approve your application for a loan, credit card or housing.
I think, It is enough for knowledge about "What Is a Credit Report?"
0 Responses to “What Is a Credit Report?”
Post a Comment