Credit Report

A credit report is an accumulation of information about how you pay your bills and repay loans, how much credit you have available, what your monthly debts are, and other types of information that can help a potential lender decide whether you are a good credit risk or a bad credit risk. If you are looking for a mortgage but you have been in a situation where you have a blemish on your credit history this section of the site may well help. Here you will find links to our credit report articles which explain the facts you need to know before making any kind of decision about which mortgage you should apply for.

A credit report is simply a rundown of your payment history, listing your accounts, balances and your payment behavior for each. It is not a credit score, or FICO, the three-digit gauge of your creditworthiness used by lenders, employers and insurers. But credit scores do use the information on your credit reportin their calculations, so it's important to spot and correct inaccuracies as quickly as possible.