A Credit Score Is Intended To Measure... A credit report goes back along way in history and was meant to be a good thing. To understand your credit report, and then some time later your credit score, it's important for us to know why and when they were started. Early credit reports were started by small groups of merchant owners sharing information about the people they have done business with. The earliest recording of one of these groups is from 1776 and the long winded, detailed name of the group was Society of Guardians for the Protection of Trade against Swindlers and Sharpers. There were earlier forms of credit reports that date back all the way to Babylonian times, but these small groups is what has led to the 3 major credit reporting agencies we have come to know in our day. In different areas you would have these…