A credit report is a detailed breakdown of an individual's credit history prepared by a credit bureau. Credit bureaus collect financial information about individuals and create credit reports based on that information, and lenders use the reports along with other details to determine loan applicants' creditworthiness.
A credit report is a record of your credit activities. It lists any credit card accounts or loans you may have including the balances and how regularly you make your payments. It also shows if any action has been taken against you because of unpaid bills.