Credit Report
What's Found on a Credit Report?
Personal Data (Address, Social Security Number, and Employment History)
Account Details (Name, Account Type, Balance, Status, and Date Opened)
Loan payment history
Status of credit accounts
Rental Repayment history
Bankruptcies
Number of accounts opened
Collections
Credit Score
Available and used credit
Why is it important?
Mortgage loan to buy a house
Student loan for college
Car loan to buy a vehicle
Insurance rates
Employers look at to see how reliable you are
Determines everything you can do in life
Relateable
Learning about future expenses and the importance of spending and saving .
Credit can make or break you in the future
Use credit wisely