Business and consumer credit reports have similar purposes: to inform prospective lenders about your creditworthiness and allow them to assess what risk they are taking should they give you a loan or credit card or extend “buy now, pay later” terms to you or your business. They differ in the types of information they contain and how they are used.
Your credit reports and your credit scores are two different things. A credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. Your credit scores are calculated based on the information in your credit report.
A consumer report is a broader report that contains personal identifying information beyond credit. Such information includes, among other things, your criminal history, driving records and employment history.