The most important part of building and repairing credit is knowing where you stand credit-wise. To do that, we look at our credit reports from the three main credit-reporting agencies. In this module, we will look at who those three main credit reporting agencies are, how often you are entitled to a free report from each agency, and what to look at in your credit reports. We will also discuss how the credit reports translate into your credit scores.

Module Objectives:

As a result of this module, you will be able to:

• Explain how credit scores are figured and what they mean.
• Discuss the three main credit reporting agencies, the credit reports they generate, and what those reports mean.
• Examine credit reports for errors and damaging information.
• Address issues on your credit report.