Very soon I'll publish some articles and resources about free instant credit reports and anual credit reports. Now I'll explain something very important: what is credit report; what is credit score and the differences between them:
Differences between credit report and credit score
What is credit score? - Tree little but very important numbers that could save you much money. This numbers help Lenders to determine how creditworthy you are: a prediction about you how likely you are to repay your loan or credit card debt, and if you are going to do this on time. Every credit company calculate the credit score by it's own factors, most common are:length of your credit history, payment history, amounts owed and so on.
What is credit report? - History of your financial and a piece of your personal life. Credit bureaus provide information about you to lenders, employers and other third parties. Credit reports include information like: how long have you been at work, your payment history, number of accounts you have, if you have been arrested and other public information about you.
