What is a Credit Report?

Your credit report is a detailed summary of your financial activity, including your borrowing and repayment history. Credit reference agencies compile this information and provide it to lenders, landlords, and sometimes employers to help them assess your reliability with money. Understanding your credit report is the first step to managing and improving it.

In this lesson, we’ll cover:

• What a Credit Report Is – A record of your financial behaviour and history
• What It Includes – Information such as your payment history, credit accounts, and public records
• Who Uses It and Why – Lenders, landlords, and employers use it to assess financial risk
• Why It Matters – How it affects your ability to borrow, rent, and more

By the end of this lesson, you’ll have a clear understanding of what a credit report is and its role in your financial health.