How to Read Your Credit Report (Infographic)

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How to Read Your Credit Report (Infographic)

In 2013, the Federal Trade Commission reported that 1 in 4 consumers have found errors on their credit reports that could affect their score.

At the same time, the overwhelming majority of Americans fail to check their credit report at least once in a year.

Knowing how to read your credit report and spot errors is an important part of managing your personal finances. You can read about how to get a free copy of your credit score here (hint: do NOT go to imposter sites like freecreditreport.com).

Once you have a copy of your report, you can use this infographic to get a breakdown of what everything means.

(Click to expand.)

Report provided by Credit Karma. Graphic created by Kristine Mehuron from U.S. News.

Report provided by Credit Karma. Graphic created by Kristine Mehuron from U.S. News.