How to Read and Interpret your Credit Report

Author Adidas Wilson
5 min readJul 22, 2022

If your mind resembles a lot other people, whenever you make a cash mistake, your first idea is something along the lines of, “Oh no, what will this do to my credit report?”

Credit score reports can appear challenging, particularly when it involves determining just what operates in your favor- as well as what does not. Common hiccups include late payments (even by a day!), credit report background, and an entire host of other points that can impact your credit rating.

If you plan on applying for a new credit card, a brand-new home, or any type of type of lending, your credit report will carry a great deal of weight when it pertains to whether you are authorized by lenders.

Below, we’ve broken down just how to review your credit report so you’ll recognize if you’re moving in the best direction, and what to do if you’re not.

Tip one: Get a free credit score report
You can buy a complimentary copy of your credit report from any one of the three credit score bureaus- Equifax, Experian, as well as TransUnion- or you can obtain all 3 reports at once on the government website

Any of these options will provide you a credit score from at the very least one (and frequently both) of the most widely-used credit rating systems…



Author Adidas Wilson

Adidas Wilson was born in Chicago, surviving a near death experience driving off a bridge in an 18 wheeler and getting hit by a train. Author and Motivator