When a individual fills out an application for credit from a bank, store or credit card company, their information is forwarded to a credit bureau, along with constant updates on the status of their credit accounts,address or any other changes you may have made since the last time they applied for any credit. This information is used by lenders such as credit card companies to determine an individuals or entitys credit worthiness; that is, determining an individuals or entitys means and willingness to repay an indebtedness. This helps determine whether to extend credit, and on what terms. All of this information can be found in a copy of your credit report. If you would like more information, fill out the form on the right hand side of your screen! >>
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