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

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Relateable

Learning about future expenses and the importance of spending and saving .

Credit can make or break you in the future

Use credit wisely