Common types of credit include home mortgages, personal loans, and credit cards. A credit report is designed to help lenders decide whether you should be granted credit and how much you can safely repay. Your credit report is actually a Author Chuck Lunsford explains: One cause for bankruptcy filings is less obvious than others. Home mortgages are a large and important sort of debt for most, but buying a home is not what causes bankruptcy Homr Mortgages bankbank.com All Abaut Credit Home