Your Credit Source is designed to teach you as much information as possible about credit reports, your credit history, and credit scores. Credit is everything in today's world. Good credit can help you purchase the home of your dreams and in the same manner bad credit can shatter that dream.

This site is designed for people who want help in learning more about credit. The credit world is as diverse and complicated as any other industry. Your Credit Source has pieced together information that will make your journey through the credit world a lot easier. 

Your credit is your name. Government officials encourage Americans to check their credit report at least two times a year. Reports indicate that identity theft is the fastest growing white-collar crime in America. Every seventy-nine seconds a person's identity is stolen. So, if you have bad credit, it might not all be your fault. Identity thieves are hard at work.

You have been establishing credit, good or bad, since you began making purchases under your name. Many people look at your credit to make decisions about you. An employer, a bank, or a credit card company can all look at your credit. One big problem, though, is that many credit reports contain inaccuracies. Recent reports indicate that up to 70 percent of all credit reports contain some type of error. Your credit may be in disarray because a clerk at a random store typed in the wrong information about you. Your credit report may indicate that you have outstanding loans, when in fact you haven't ever asked for a loan.

Companies look at your credit score to determine your credit worth. Credit scores are a numerical representations obtained by using a formula to rate your credit report. The higher the score, the better risk you are believed to be. Your Credit Source can be used as a point of reference. The more you know about your credit and the way the credit industry works, the more prepared you will be to face the credit world.