If you have even been declined for a credit card, a car loan, or some other line of credit, it’s possible that the creditor recommended that you get a copy of your credit report. While this is certainly good advice, you may not know where to begin. Where can you obtain this report? What’s on it, and why is it so important? Your credit report is a history of all the things you have done right and wrong when you’ve taken out a line of credit in the past, and the information that’s available on them can help you take steps to improve your score, like a Roulette score in a mobile casino.
Obtaining a Report
If a creditor does recommend that you obtain a copy of your report, then there are several different ways to get it. Credit reporting companies will give you a free copy once a year, although there may be an extra charge to obtain your credit score, which many people confuse as being synonymous with a credit report. Unlike a credit score, which tells you how good or bad your overall credit is, a credit report will show your credit history, along with other public information that’s made available to creditors when you apply for credit.
Credit Report Information
When you receive your credit report, you will be able to see your credit history, such as which credit accounts are open, your payment history, outstanding creditor debt, and in some cases, instances where you tried to apply for credit. As you look over your credit report, ensure that you recognize all of the creditor claims, as identity theft can ruin your credit in ways that may take years to repair. It’s a good idea to check your credit at least once a year and become familiar with what a report entails so that you can remain in good standing.