Credit report
The underlying record of credit activity.
Credit & Debt
A credit report is a record of how you have used credit, including accounts, balances and payment history.
Credit 101 • 06
Credit bureaus build it using information about your borrowing and repayment activity.
It can influence access to credit and the interest rate offered.
The underlying record of credit activity.
A number calculated using information from the report.
Reviewing your own report gives you a chance to spot unfamiliar accounts or inaccurate information.
Remember this
Understanding the record makes the credit score much less mysterious.
Lesson complete