CCR

CCR, or Customer Credit Report, is a detailed record that shows an individual’s credit history and borrowing behavior. It includes information like loans, credit cards, payment history, and current debts. Financial institutions use CCRs to assess a person's ability to repay new credit or loans. Essentially, it provides a snapshot of your financial reliability, helping lenders decide whether to approve credit applications and at what terms. Maintaining a good credit report by timely payments and responsible borrowing is important for accessing favorable financial opportunities.