Credit reports: the details behind a score
Credit reports: the details behind a score
A credit report describes someone’s credit history.
A credit score is one model’s numerical summary.
US reports include payment history and credit accounts.
One person may have several different scores.
The model and calculation date can create differences between scores.
A score is not a complete statement of income or wealth.
Incorrect report information can affect the model’s result.
Unfamiliar accounts or inaccurate payments need investigation.
Report access and error-dispute procedures differ between countries.
Understand the information behind a score.