Credit report 101

We have all heard the scary stories about identity theft, and many of us are wondering what we can do to protect ourselves from this growing threat.

Credit reports play a large part in the financial life of consumers. Once you have your credit report, what will you see?

Many consumers are denied credit every year. Sometimes, it’s through no fault of their own that they are denied access to a credit card.

Until you have borrowed money and repaid it, lenders are very hesitant to loan money to you. Of course, you can't repay a loan until someone loans you money. Catch 22, right?

Many consumers don't bother to think about their creditworthiness until they run into problems trying to obtain a mortgage or loan