Your credit report is a credit history of all your personal transactions from the last 7-10 years.
It contains payment history regarding your monthly bills, such as credit cards, car loans, tuition, rent, utilities, cell phone bills, etc.
- Instances of late payments, non-payment and exceeding credit limits can stay on your credit report for 7 years.
Your credit report can be reviewed by anyone considering giving you a loan, setting up an account or service for you, renting to you or hiring you.
- You should review a copy of your credit report annually. This is available free of charge at AnnualCreditReport.com.
Learn more about protecting yourself from fraud and identity theft. |
