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How Does Credit Reporting Work?

How Does Credit Reporting Work?

With credit it is important that you check your credit score each month. Your credit report will show not only your score, but also your payment history, debt and other factors that will have a bearing on your score.

The Credit Reporting System

There are three main players in the credit reporting system, those being the consumers, credit bureaus and financial companies.

Your creditors report the information about your credit card and loan accounts – Read more