Have you heard credit report, when I first heard I thought it is only for people who have bad records and reputation with bank or are in debt wish to find out the alternative ways to save their credit ability.I think this is a very comment thought ‘as long as you own nothing, you should have a good credit rate’, but in reality it is not true. One of my friends applied for a credit card, he was just like one of us and thought he owned nothing was declined. He was advice to apply for his credit report with other party, after then he might be able to do something about and improving his credit rating.
I was surprised by the outcome as it is not just about owning money, it is also about for example: how many store cards do you apply and have, plus other general payments in relation to banks business, such as mobile phone bill, credit card bill (obviously) and all sorts of payment with money involved, you can see almost everything on the report, my friend told me.
