Top

How to Read a Credit Report

January 19, 2017

You probably know that credit reports are important, but you might not understand why they’re so critical to your financial life — or how and why you should get yours. Credit reports are compiled by the three nationwide credit bureaus — Experian, Equifax and TransUnion — who sell them to your potential creditors, lenders, landlords, employers and others. Those companies want a summary of your financial behavior before they give you a credit card, loan, apartment or job. Therefore, it’s important to know how to read a credit report so that you can build credit.

Read More on GOBankingRates