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Reading Your Credit Report

Your credit report is the source data behind your score. Learning to read it helps you catch errors, understand inquiries, and see what lenders see.

Core sections

Personal information: names, addresses, employers—typos here can be clues to mixed files or identity issues.

Accounts: open and closed tradelines with payment history, balances, limits, and status.

Inquiries and public records

Hard inquiries come from applications you authorized; they matter for scoring for a while. Soft inquiries do not affect scores the same way.

Public records may include bankruptcies or judgments where reported—accuracy here is critical.

Disputes and monitoring

If something is wrong, dispute with the bureau and ask the furnisher to correct it. Keep copies of correspondence.

Annual free reports are a minimum bar; stagger requests across bureaus if you want rolling coverage through the year.