Credit Report :Reminder

CREDIT REPORT: REMINDER

The items here are listed in order of "most damaging" to "least damaging" to your credit:

·         Bankruptcy

·         Foreclosure

·         Repossession

·         Loan Default

·         Court Judgments

·         Collections

·         Past due payments

·         Late Payments

·         Credit Rejections

·         Credit Inquiries

Your credit report shows your entire financial standing on paper. Creditors, employers, insurance companies, and child support agencies can obtain your file. Income notwithstanding, you are judged almost solely on the basis of the information contained in your credit report. It therefore makes sense to ensure that your file contains accurate information, and portrays you in as positive a light as possible.

Read more at http://www.finweb.com/banking-credit/the-importance-of-your-credit-report.html#EKi4Oyw8VBZCxYax.99