What is a credit reporting agency?
Credit bureaus create credit reports to track consumer finance habits.
Rhys Subitch is a Bankrate editor who supports an editorial team dedicated to developing educational content about deposits products for every part of life. Rhys has edited articles, reviews and guides covering a broad range of topics in the consumer loans space, and recently expanded their expertise into consumer banking. You'll now find them reviewing and guiding readers through the ins and outs of high-yield savings accounts, checking accounts, certificates of deposit and more.
While Rhys has worked with loans, credit cards and insurance in the past, they have shifted to content revolving around everything banking, where they are continuing to develop their expertise. In the past decade, Rhys has researched, edited and written for several independent publications, startups, a university and a Fortune 500 company.
When Rhys isn't working, they enjoy spending time editing their husband's art, reading and watching hockey. They currently reside in Tacoma, Washington.
Being content with where you're at financially doesn't preclude bettering it later. Take steps to stabilize your situation by choosing key foundational products — like low- or no-fee checking and savings accounts — and lock in healthy habits before taking steps to build wealth.
Your debt doesn't have to be tied to guilt — there are ways to ease it and empower yourself by being strategic about what and when you borrow.
— Rhys Subitch
Credit bureaus create credit reports to track consumer finance habits.
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