Holmes, Tamara Holmes E. “Credit Score Statistics.” Nasdaq. N.p., 23 Jan. 2015. Web. <http://www.nasdaq.com/article/credit-score-statistics-cm435901>.
Meet Your Credit Report
A credit report is a document that describes a person’s creditworthiness. It captures your credit history and describes how you handle your bills, if you reliably pay your credit cards, or if you have a history of irresponsibly handling your debts—and it also assigns you a “grade.” This grade is your credit score.
Credit reports are compiled by the three major credit bureaus: Experian, TransUnion, and Equifax. They gather data from lenders, collections agencies and employers—even public records. They each take a slightly different approach to credit reporting and scoring, so your credit score may be slightly higher or lower depending on which one you check.
So, let’s go ahead and get your credit report right now. It’s free, easy to do, and—most importantly—it will not impact your score.
Under federal law, you’re entitled to a free copy of your credit report from each of the three major credit bureaus each year—that’s one free credit report every four months! Ready to take the plunge? You can request a free copy of your credit report at AnnualCreditReport.com.
Once you get to the homepage, click on “Request yours now!”
- You can choose to get a report from all three credit bureaus or just one.
- You’ll then be asked to verify some personal information and then taken to your credit report.
- No matter which bureau you select, it will look something like this…
Table of Contents:
- Workbook Objectives
- Part I: Credit
- What does Your Credit Mean?
- Why is My Credit So Important?
- Let’s Make it Personal
- Expert Advice
- Credit Cards
- Who Offers Credit Cards?
- Credit Reflections: Credit
- Different Types of Credit
- Common Credit Mistakes
- Credit Card Tips
- Credit Quiz
- Part II: Understanding Your Credit Report
- Part III: Understanding Your Credit Score
- About The Experts
- About OppLoans
- Works Cited
- Part I: Credit