Your Credit Report! How do you read it?
Source: Bankrate.com In this issue of “Knowledge is Power!” You will learn about charge-offs, inquiries, R1s -- what's it all mean? Here's how to understand this increasingly crucial document “your credit report” Now, you have your credit report and wow – what’s all the numbers, abbreviations and terms you never seen before. There are trade lines, charge-offs, account review inquires – how do you read this thing? First off, there are three major credit – reporting agencies:
