Comprehensive credit reporting is here, but what does it mean?

When used correctly, credit cards and personal loans are a great way to build your credit rating and give you the freedom you need to make important purchases. New credit reporting rules are making it all the more important to be responsible with your credit cards especially. Here’s an overview on how Comprehensive Credit Reporting (CCR), sometimes referred to as positive credit reporting, and your credit card balance go hand-in-hand.