Credit

Credit is the ability to borrow money from a financial institution or lender. Credit is based on the trust that a borrower will repay what they have borrowed. Lenders use credit reports and credit scores before approving potential borrowers for a loan/credit. A credit report is a report card of how well does a potential borrower pay others back. If a borrower doesn’t pay lenders back, this lowers their credit score and the borrower becomes a risk. Check out our resources on credit.

Videos

Understanding Credit Reports

Credit Score?

How do Credit Cards Work?

Articles


Request a Credit Report

To request a credit report visit www.annualcreditreport.com

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