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1. WHAT IS CREDIT?

Credit is essentially what gives you the freedom to borrow money for things you need, such as a loan or credit card. It’s all based on trust and an obligation to pay it back, which means how strong your credit is (or how trustworthy you look to people lending you money) makes a big impact on your ability to get those things. How strong your credit is can hugely affect some major life milestones, such as:

2. CHECK YOUR CREDIT

CreditGuidebook.com is a service that helps you find free credit reports that may be available to you. Nice job with your high-impact factors! To improve the others, check each factor’s tips.

3. EXPLORE TOP FREE CREDIT REPORTS AND TOOLS

Credit can be an overwhelming topic, but it’s important to understand! When it comes to the health of your credit and financial life, having simple, easy to understand resources available to you is the priority. Signing up to our website allows you to browse an exclusive list of top free credit report resources out there to help you get a handle on your credit situation and understand how it impacts you!

Renting an Apartment
Getting an Auto Loan
Getting a Credit Card
Bing Offered a Job
Qualifying for a Mortgage
And More

Payment History

High Compact

100%

Percentage of payments you've made on time.

Credit card use

High Compact

4%

How much credit you're using compared to your total limits.

Derogatory marks

High Compact

10

Collections, tax liens, bankruptcies or civil judgments on your report.

Credit age

Medium Impact

6 yrs, 11 mos

Average age of your open accounts.

Credit Cards

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Personal Loans

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Personal Loans

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