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What Is a Credit Report and Why Does It Matter?
Your credit report contains data from banks and lenders about how you handle credit. The information in your report can greatly influence your financial opportunities.
By 
Written by
Freelance writer
Jennifer Sisson has over five years of finance experience and is an expert in investing, mortgages, real estate, and budgeting. Her work has been featured by Business Insider and FinanceBuzz.
Edited by 
Written by
Senior editor
Reina Marszalek has over 10 years of experience in personal finance and is a senior mortgage editor at Credible.
Updated March 27, 2025
Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.”