Credit Reports

Your credit report has information about your income, debts, and credit payment history. It will also show whether you've been sued, arrested, or have filed for bankruptcy.

Lenders, landlords, employers, and insurance companies look at your credit history as a tool to gauge your credit worthiness. Additionally, potential employers may even use your credit score to determine if you're a good candidate for a job. After all, employers seek individuals who are responsible and capable of meeting deadlines.

In summary, credit reports are used to determine if you:

• Qualify for a loan
• Are approved for a credit card
• Can repay a home mortgage

Since the information on your credit report is so important, you should know how you can:

• Get a copy of your credit report
• Improve your credit score