What does a credit report include?

A credit report is a comprehensive document that details an individual's credit history and current financial status. It includes information such as personal identification information, account details (like credit cards, loans, and mortgages), payment history, and any outstanding debts. This report is crucial as it reflects how an individual manages their credit, which lenders use to assess creditworthiness when considering loan applications or credit lines. The contents of a credit report can influence the interest rates offered on loans and the approval of credit applications, making it a critical tool in personal finance.

The other options do not pertain to a credit report. A summary of health records is related to an individual’s medical history, an overview of investment portfolios focuses on assets and investments, and a list of government assistance programs details available aid rather than credit information. Therefore, the choice highlighting a document that provides specifics on credit history and financial status accurately captures the essence of a credit report.