What's the difference between a credit report and credit score?

Your credit report lists all of your obligations and there payment histories. Your credit score is a numerical snapshot of your credit report and it is broken down in the following way:

35% Payment History

30% Amounts Owed

15% Length of Credit History

10% New Credit

10% Types of Credit

So it is important to maintain good credit histories so your credit score will be good.

What%26#039;s the difference between a credit report and credit score?

You%26#039;re credit report shows all activity that has to do with having credit (credit cards, car loans ect..) the credit score is the number that tells creditors how worthy you are to have credit.

What%26#039;s the difference between a credit report and credit score?

your credit report is a report that shows your credit score and how you got to that certain score ... it shows everything that determines your credit score

What%26#039;s the difference between a credit report and credit score?

Credit report details all the stuff regarding your credit. Credit score is the risk grade associated with what is on your credit report. There are 3 credit bureaus, Experian, Equifax and Transunion.

What%26#039;s the difference between a credit report and credit score?

A credit report shows you all of the things that are affecting your credit like what cards you use or any time you%26#039;ve been sent to collections and a credit score is a number that tells you about how good your credit is.

What%26#039;s the difference between a credit report and credit score?

The report tells you whats going on, payments made on time, payments made late, all the creditors that report to that agency,

The score is the actual number that comes out of the formula from the report. Your allowed one free credit report a year from the three agencies, however, you have to buy your scores.

What%26#039;s the difference between a credit report and credit score?

A credit report is a report sent to you about your credit history and how you have been performing financially. A credit score is a record held about you in credit reference agencies such as experion, this is achieved by considering many factors from whether you have paid your phone bill on time, whether you have defaulted any payments or credit cards, how long you have been living at the same address, your name on the electoral register and whether anybody living (lived) on your address had defaulted any payments.

You can get a full report by contacting the credit reference agencies (In the UK you have to pay Stg 2 per report)

What%26#039;s the difference between a credit report and credit score?

A credit report is a detail listing of all places you had credit with either poor or good rating. A credit score is the sum of all your credit points either bad or good. The better credit you have the better points you receive.