How to Maintain the Credit Report
A credit report shows your credit history and ability to manage debt. It contains important information that reveals your current credit status and credit activity. An excellent credit status shows an 850 credit score. Few people have this kind of credit score. Statistics show that only 22% of people in America have a greater than 800 credit score. This makes it essential to work toward maintaining a perfect credit score of 800 and above. Understanding how credit reports are generated and what affects your credit score is a good place to start. Credit card reporting begins with data collection.