Credit Reports And The Law Of Defamation

Individuals and businesses are zealously concerned with protecting their respective reputations. Having a stellar reputation can be an important asset. For individuals, a positive reputation is important for career success. A positive reputation can lead to better job opportunities and promotions within the workplace. For businesses, a positive reputation can lead to attracting better employees, to increased sales, to higher profits and to higher company value.

One of the ways to measure reputation, particularly financial reputation, is through a credit rating. A person with a positive credit rating is generally, among other things, able to easily borrow money at preferable interest rates.