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Unit 1 : Lesson 3: Your credit report

Document literacy: reading financial forms printer

A credit report

Below is a sample of a credit report on Karen Smith. It was prepared by a credit reporting agency for her bank. Karen Smith is a single mother with two children who lives in Omaha, Nebraska. Read the report and see if you can answer the questions below. For a printable version of this report, click here.

Comprehension check printer

Talk about it printer

Discuss these questions about credit reports with your classmates. Take notes during your discussion and report your group’s answer to the class.

1. Does Karen Smith pay her bills on time?

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2. How much debt has not been paid?

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3. What do you think a lender would say about her credit report?

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4. What do you think your credit report might say?

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