CREDIT REPORTS

When applying for a credit card, banks and other issuers would like to check your credit worthiness, usually by checking your credit record. If you have already financed something, you should have a record at one of the three major credit report bureaus. Your credit history will have a credit score, which helps a credit card issuer in deciding if you can get their credit card or not. Since credit reports may contain erroneous data, it is recommended that you check your credit before you submit a credit card application.