Get Your Credit Report
On a regular basis (usually monthly or quarterly) credit grantors - credit card companies, finance companies, etc.,-- send your payment history information (both positive and negative) to credit bureaus.
Credit bureaus collect and maintain enormous databases with this information. They collect personal information such as names, addresses, and social security numbers as well as credit information such as loans, credit cards, lawsuits, bankruptcies and payment history. This information is provided to companies and individuals in the form of a credit report.
The most common use of an individuals credit report is by credit grantors wishing to obtain credit information on a potential borrower wherein they order a credit report of the potential borrower from one, two or all three of the credit bureaus (Experian - formerly TRW, Equifax and Trans Union).
Experts recommend you obtain a copy of your personal credit report at least once a year to ensure its accuracy.