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The purpose of a credit report check is to check how a person manages their credit obligations and if they have any history of not paying. If one has bad history then it is more of a risk for a company to give that person credit.

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Q: What is the purpose of credit report check?
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Related questions

How can I check my credit report?

You can check your credit report online. You should go to www.experian.com or www.myfico.com or www.equifax.com/ to check your credit report. It is easy to do.


Can a collection agency check your credit report?

only if they have a permissible purpose outlined by law to do so.


What is the purpose of a cheap credit report?

The purpose of a cheap credit report is so you can check your credit. And the purpose of checking your credit is to make sure no one is using your information falsely, to make sure you don't have any outstanding bills you don't know about, and to see if there's anything you need to work on for building your credit. There are also several other things you can check on it; like previous addresses and who's been checking your credit.


What is the purpose of the Experian credit report?

The purpose of the Experian credit report is to find out your credit score as well as many other things. The Experian credit report is everything you need to know about your credit score.


How often can you pull your credit report?

The credit report holder can check his or her report as often as they choose. When you check your credit report it is considered a "soft inquiry" and will not affect your status.


How do you check your credit report for free?

Check the reference lists below on how to get a free credit report.


What is the purpose of a free credit report?

The purpose of a free credit report is that the individual can get a report of their credit records. This way they can know what there standing is in terms of credit, and see if they have good credit or bad credit without paying any fees or services.


When should you check your credit report?

You should check your credit report once a year or if you think someone has stolen your identity. If you constantly check your credit it can actually damage it. Experian is a great place to check your credit.


What is credit report .gov for?

To learn what a credit report .gov is used for check with the gov that issued it You can also check Wikipedia for more information on what a credit report .gov is used for as well


Where can I check my credit score and my credit report online?

There are three companies that can give you a credit report. It is a good idea to check all three, because they can be different. You are entitled to a free report once a year.


What is meant by a credit report?

A credit report is a type of service that many different companies provide. A credit report means to allow a consumer to check their credit and spending history.


What companies offer a free credit report check?

There are many companies that offer a free credit report check. Some of these include, but are not limited to, Equifax Solutions, Experian, and Transunion. All three of these companies will provide you with a free credit report check.