Credit Reports & Scores

It is important to have a good credit history and credit score. In almost every case, lenders will review your credit histoory and score when you ask for a loan or credit. Landlords may use your credit history to decide whether or not they will rent to you. If your credit history or score is poor, a lender may refuse to give you a loan or you may have to pay a higher interest rate.

Checking your credit report is also a good way to see whether you have been the victim of identity theft. By checking your credit report, you will be able to see if any unauthorized credit accounts have been opened in your name.

Your credit report contains personal information such as your social insurance number, birth date, address and previous addresses, payment histories, a list of your accounts, and public record information like bankruptcies, foreclosures and tax problems.

In addition, your credit report lists inquiries made about you over the last several years, and whether or not you were granted credit. Your credit history, summarized by a credit rating, is essentially your financial reputation. It allows banks, employers, and others with whom you are making financial agreements, to review how you’ve dealt with your financial obligations in the past.

You achieve good credit when you prove you can responsibly manage the debt you incur. This means paying your bills on time and staying within your credit limit. Your credit report is the official document that contains this information.

If you would like to know what your credit report rating is, you can request a credit report online at: