Credit Report is a file containing an individual's credit history an data on this report helps to decide that individual's credit score.

1. Credit Report/Rating
By infosolutions101 http://www.infosolutions101.com

2. What is a Credit Report/Rating?
FICO Score
Factors Affecting FICO Score
FICO Appraisal Check
The 3-Credit Reporting Agencies
Why Good Score Matters??

3.  Credit Report is a file containing an individual's
past finance related data and information.
 Based on the information provided in the
credit report, it helps to evaluate your credit
score accordingly.

4.  FICO Score which is also called as Credit Score Range is a
number that addresses the purchaser's money related
soundness. It is used to evaluate any potential danger that
may rise should the borrower not have the ability to pay
his/her commitments.
 The FICO score can reach out from 300 to 850 with 723 as its
center score. 60% of the scores are some place around 650
and 799.
 In the United States ofAmerica, the FICO score is extensively
used as a part of a FICO appraisal check.

5.  The FICO score is utilized to find out individual’s credit
worthiness. It is made of 30% credit utilization; 15%
length of credit history; 10% types of credits used;
10% recent searches for credit and 35% payment
history.
 FICO Score will be lessened if one is late in settling
his/her payment and likewise the score will be
extended if one pays his/her payments on time.
 A low credit use extent can assemble a FICO score
while a high credit utilize extent can decrease the
FICO score.

6.  A FICO appraisal check is for the most part done by fiscal
associations, for instance,Visas and depends upon
customers who need to obtain money from them.
 FICO (Fair Isaac Corporation) is an uninhibitedly recorded
association in the NewYork Stocks Exchange that gives
fundamental authority and examination organizations to
help budgetary associations, for instance, banks and charge
card associations in making high volume, complex decisions.
The association was started by Earl Isaac and Bill Fair in
1956.

7.  There are 3 nationwide credit
reporting association namely-
Transunion, Experian, and
Equifax issue free credit report
to the US tenant.
 As they are independent
association and use their
particular data so, credit report
issued by them may vary.

8.  A credit report contains individual's financial
data that can tell us about the level of credit risk
he/she is. It's very important to understand
about “what is a Credit Report??” so that you
may have an idea about your credit worthiness
while dealing with lenders or any other credit
agents.
 A good Credit Report shows a good financial
growth. So, it is important for everyone to have
a good credit report to live a tension free life.

9. Credit Repair
Not Just For Those With Bad Credit