Not many people know what a credit file is, leave alone what pertains in it. Actually, a credit file is simply a person’s credit history that is normally prepared by a credit bureau, for use by various lenders before advancing credit to a given borrower. It will outline a brief history of the borrower creditworthiness and their ability to repay the given loan. In order to make more informed decisions regarding your finances and possible funding sources, it would be great you understand your credit records in a better way. Your credit records will normally have a number of things included, which are normally of interest to the lender.
The file will normally have detailed information about your full names, date of birth, your gender, the area of residence, current job and also employee’s information. The file will also give … Read More