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What is a Credit Report FAQ |
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What is a Credit Report? A credit report is prepared for all people who have ever applied for credit. It is a document a lender will access to assess the credit worthiness or risk associated with a client. At Bad-credit-loans.com.au we believe you are entitled to know what is in your Credit Report so that you can: - Keep track of your credit-worthiness
- Be aware of any errors or inaccuracies that may affect your credit rating that need to be investigated and corrected
- Be alert to any possibility of financial fraud against you
- Be empowered to sart the process to repair any "marks" against you that may affect your ability to gain approval for a loan.
Read other FAQ's to find out what is contained in the Credit report. (Usually referred to as your CRAA report.)
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