Banking

Your bank account information doesn’t show up on your credit report, nor does it impact your credit score. So why use a credit report first, when bank statement analysis can give you up-to-date, clear, and valuable information to determine whether you can take on more debt. Every time you apply for a phone, internet, or credit of any kind, an entry is made on your credit report. If you are denied or your service is cancelled or overdue, it can and is usually added to your report, affecting your credit score and what lenders will offer you. Depending on the credit reporting agency that is used, your score will be […]