At IMC:

• We know you do not deal with mortgage all the time and you may ask questions that you feel unnecessary. But we are total happy that you have questions and we are not going to hurry you up so you can ask less questions;
• We know your technical English words might be limited and we speak your language and we make things simply to you;
• We post your questions here on this page for all our friends, so check back often.

What is the credit report?

Your credit report provides information to current and prospective creditors to help you make purchases, secure loans, pay for college educations and manage your personal finances. Credit reporting makes it possible for stores to accept your checks, banks to offer credit and debit cards, businesses to market products, and corporations to better manage their operations to benefit the world's economy.

Your credit report is only compiled when you or a lender makes an inquiry. Information supplied by lenders, you and court records is gathered from the credit reporting agency's file and presented in report format for the requester. Credit grantors send updates to each of the credit reporting agencies, usually once a month. These updates include information about how their customers use and pay their accounts.

Under the Fair Credit Reporting Act, you may be entitled to receive a free copy of your personal credit report if you have been declined credit, housing or employment in the last 60 days. To request your free copy, ask our office and we will handle that for you.

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