Credit Reports

CCR or Comprehensive Credit Reporting is the technical name for your credit report.

As the name suggests, credit reporting is becoming more indepth. It is not just a score, but an indepth report of your credit history and behaviours. How many times have you applied for credit. Have you made repayments on time. Are there any undisclosed debts.

If you are a first time borrower, you may not have a credit report or score. That means the first lender that lends you money is taking a risk.