The importance of your credit report When you apply for a loan your lender will…

The importance of your credit report When you apply for a loan your lender will look at several details of your personal finances including your credit report. The better your credit the better the lending terms youll be offered. Credit scores range from 200 to above 850. Scores below 620 are considered risky; 720 and over are excellent. You should be aware of what information is on your credit report by obtaining and reviewing copies of your credit report from the three main credit report agencies. …there are several factors that affect y