| "What kind of information is on my credit report -and | | | | To see what is on your credit report visit [ to request |
| how can I see it?" is a common question among | | | | your free copy. Knowing what is on your credit report |
| people who have had trouble securing credit or loans. | | | | before beginning the loan application process can save |
| Basically, your personal credit report is an electronic | | | | you a lot of time and hassle. |
| record of all of your credit activity including recent | | | | Lenders use the information on your credit report to |
| requests for credit that you have applied for and the | | | | generate your credit rating when evaluating your loan |
| payment activity on any open or closed credit or loans | | | | request. The higher your credit rating is, the more likely |
| you may have. This history is vitally important because | | | | you will be to receive the loan and at more favorable |
| lenders use your credit report to determine if they are | | | | terms. For this reason, it's a good idea to take a look |
| willing to extend loans or credit to you. | | | | at your credit report before making any purchases |
| There are four main areas of content on your credit | | | | which require a loan or credit. |
| report [ Identifying information, credit history, public | | | | Note: This article may be freely reproduced as long as |
| records, and credit inquiries. Additionally, a credit report | | | | the authors bio paragraph at the bottom of this article |
| also shows any current credit that you have, including | | | | is included, the article is published “as is” |
| loans, debts and credit limits. It also has the payment | | | | (unedited) and all URL’s are made active |
| amounts on installment loans. | | | | hyperlinks with no syntax changes. |