ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit Report
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Credit Score
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Creditor
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Credit history
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Detailed explanation-1: -A credit report is a detailed breakdown of your credit history prepared by a credit bureau. Credit bureaus collect financial information about you and create credit reports based on that information, and lenders use the reports along with other details to determine your creditworthiness.
Detailed explanation-2: -Your consumer credit report includes information to identify you such as your name, date of birth, address and employer. It also includes certain information about how you’ve handled any past or current consumer loans or debts, and your repayment history.
Detailed explanation-3: -information they collect and how your credit reports impact your credit scores. The three major credit bureaus are Equifax®, Experian® and TransUnion®. Credit bureaus are different from credit scoring companies, such as VantageScore® and FICO®.
Detailed explanation-4: -Online: Visit AnnualCreditReport.com. Phone: Call (877) 322-8228. Mail: Download and complete the Annual Credit Report Request form . Mail the completed form to: 23-Jan-2023