A credit report details the credit an individual has been awarded, including home mortgages, automobile loans and credit cards. Credit reports list the details of each account, including the credit line or the amount of the original loan, how much is owed, the monthly payment and the payment record.
In addition to cataloguing credit accounts, a credit report lists personal information, collections or negative account information and details about any judgments that have been entered against the individual. A list of the companies that have requested a look at the credit report will be presented in the inquiries section as well.
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