What is on Your Credit Report?

Your credit report is a very important piece of the puzzle in your financial picture. It contains a historical record of your personal and financial information including a listing of your current and past debts and the timeliness of your payments. The information contained on your credit report is looked at by many people including lenders, credit card companies, landlords, telephone and cable companies just to name a few. These companies use your credit report to evaluate your reliability and creditworthiness.

With all of these people knowing what is on your credit report - shouldn't you? Knowing what is on your credit report can save you from unexpected surprises the next time you apply for a loan. Insuring the accuracy of your credit report is also very important. All too often people have found errors on their credit report that were damaging their credit score. Many times people have even been alerted to attempted identity theft by keeping an eye on their credit report.

There are several options when it comes to obtaining a copy of your credit report. For a fee, you can request a copy directly from the credit bureaus. However, with so many free routes that can be taken, there is really no need to pay to receive a copy of your credit report. There are many companies available that will provide you with a copy free of charge. Visit http://www.credit-report-credit-score.com to get a free copy of your credit report and to learn more about managing credit and debt.

Here is what you can expect to see on your credit report. There are four basic sections to the report which are broken down below:

1. Your personal information such as your name, social security number, date of birth, drivers license number, address and telephone number,br> 2. Your credit history which contains a listing of all open and closed credit lines including the original amount of the loan as well as the current balance on the loan, the type of loan (credit card, department store credit, mortgage etc.), the status of the loan whether it is active or closed, and the timeliness of your payments
3. A public records listing that includes any tax liens foreclosures, bankruptcies or judgments filed
4. A listing of inquiries made on your credit report by potential lenders who pull your credit report when considering issuing you a loan or credit card.

If you do find errors on your credit report they can be disputed and corrected. Be aware that this may take some time. That is why it is always recommended to stay on top of things and know what is on your credit report. Being alert and informed will help insure that nothing sneaks its way on to your credit report.

Note: This article may be freely reproduced as long as the authors bio paragraph at the bottom of this article is included, the article is published "as is" (unedited) and all URL's are made active hyperlinks with no syntax changes.

This article was written by Beth Pardue who has over 10 years of experience in the financial industry assisting clients with assorted financial needs. To learn more about credit reports or to get a free credit report online please visit: http://www.credit-report-credit-score.com

In The News:

pen paper and inkwell

cat break through

Credit Card Security Advice

Which of the following is the biggest threat to your... Read More

Credit Help For Renters And Others On The Horizon

Sue is a homeowner and pays her mortgage and other... Read More

Debt Collection Agencies

Debt collection agencies are often a viable option for receiving... Read More

Credit Worthiness

Credit Worthiness is an important business and personal asset each... Read More

How Creditors Measure Your Credit Rating

Creditors will measure your credit rating based on the following... Read More

Update Your Computer System With Bad Credit Computer Financing

The moment I placed myself in front of the computer... Read More

How To Save Money On Credit Cards

Some credit cards offer a cash advance option. But how... Read More

What Are the Most Common Ways to Commit Identity Theft or Fraud?

It's the number one source of consumer complaints at the... Read More

How To Eliminate Credit Card Debt

There is almost nothing more troublesome than having too much... Read More

Establishing Credit ? What You Need To Know Part 1

Establishing credit is one of the most important things you... Read More

Credit Card Entrapment - The Secrets are Out

Have you ever wondered why your credit card bill is... Read More

Easing Your Financial Burdens With Credit Counseling

It is a well-publicized fact that more of us are... Read More

Tired Of Being Broke?...Learn How To Force Banks To Give You Money!

Imagine...obtaining credit that's incredibly easy...opening doors of opportunity you never... Read More

How To Start A Second SEPERATE Credit File!

Your personal credit file is separated from those with the... Read More

What is Credit Card and Debit Card Blocking?

Have you ever been told you were over your credit... Read More

Credit Cards: How To Use Them

Credit cards can be a very quick way of getting... Read More

How Do I Establish A Good Line of Credit?

A line of credit, roughly defined, is the amount of... Read More

What Does Your Credit Score Tell You?

When you apply for a loan or a mortgage, the... Read More

How A Prepaid Debit Card Can Help You Rebuild Your Credit

Consumers today are up to their eyeballs in debt. And... Read More

Rebuild Your Credit the Right Way the First Time

If you are one of the millions of people out... Read More

Choosing The Credit Card That Is Right For You

Credit cards represent an important part of our financial lives.... Read More

Bad Debt Recovery

Bad Debt IdentificationIdentifying bad debt is not as easy as... Read More

Beware of Bogus Credit Repair Companies!

So-called "credit repair" companies claim they can remove negative information... Read More

Fair Isaac Corporation Credit or FICO Score

As I am not from the US, I had no... Read More

Inflexible Friends and Plastic Assets, Why Money isn?t Buying Love Anymore

Consumers reject financial advice in favour of financial frivolityIt would... Read More

Good Credit -- Essential for the Prospective Home Buyer

Credit is a funny thing. It can be a useful... Read More

Winning The Credit Game!

Everywhere we go, the word credit can be found, shining... Read More

Rewards Cards - Are They Right For You?

Rewards cards have become the latest rage in the credit... Read More

ChexSystems: Who They Are and How it Affects You

ChexSystems is a company that maintains a subscriber membership service... Read More

What Is a FICO Score and How Do I Make It Work for Me?

Whether or not you receive a loan and what interest... Read More

Student Credit Cards 101

If you're a college student, you probably already have a... Read More

Credit Repair Kit Sound To Good To Be True? It Is.

A lot of people have bad credit. It is unfortunate... Read More

Free Credit Reports Now Available From the FTC

The Federal Trade Commission (FTC) has set up a new... Read More