What is a Credit Report and how do I obtain one?
A credit report is a file of information that details your credit history. Each debt listed on your credit file is given a rating from 1-9 depending on your payment activity. There are two different codes used for rating your credit. “I” is used when you pay a monthly installment account for example a loan. “R” is used when you have a revolving account such as a credit card or a line of credit. I1 or R1 is a perfect credit rating but the rating will increase if there is negative reporting to your file (ie. late payment, missed payment, account unpaid). If you would like to receive a copy of your report you may contact one of the credit reporting agencies listed in our Links Section.
