WHO USES THE INFORMATION IN MY CREDIT REPORT? Banks, creditors, car dealers, mo…

WHO USES THE INFORMATION IN MY CREDIT REPORT? Banks, creditors, car dealers, mortgage brokers, and any other lending institution use your credit report to determine if you are credit-worthy of a loan. Collection agencies use the information in your credit report to track your location and see what other debts you owe. Insurance companies run your credit report to determine insurance risk, and employment agencies view your report for employment considerations.