Credit is an integral part of everyday modern life. From buying movie tickets, to paying for a meal at a restaurant or buying a car, credit is used. The most common use of credit is through credit cards. Knowing how to use credit wisely is a critical part of managing your finances and key to your financial health.
Understanding Your credit report
The credit report will include both summary and detailed report of all the loans and credit facilities that are related to you, including your repayment history which indicates whether you had repaid your loans in a timely manner.